Menu
Taxability of commuted pension
Is commuted pension taxable. I retired as govt. employee.
Replies (3)
Monthly Pension is fully taxable, while the commutated value of pension received in one lump sum is not.
Refer sec 10.
Refer sec 10.
Uncommuted pension is taxable.
Commuted pension received by government employees is exempted
Recent Threads
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
Related Threads
CAclubindia
