My father retd. Central Govt. Employee aged 85 years is getting a pension of Rs. 38100/-, This month he got Rs. 1,10,000/- as arrears due to pension revision.
Please inform whether this shall be added to his current financial year's Income for calculation of I/Tax. If so his income will cross Rs. 5 lac limit pl. suggest remedies to avoid tax payment
N J Suresh & Associates
Bengaluru
CA Inter
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My Legal Tax Consultants Pvt. Ltd.
Noida
CA Inter
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K R Kiran Kumar & Associates
Bengaluru
CA Inter
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CCI
Pro
CAclubindia
