Is pension income of a retired public sector bank employee taxable/exempt U/s-10(18) of the ITax Act, 1961? Are they considered to be just like central/state govt employees?
Pls guide,
Thank you.
Is pension income of a retired public sector bank employee taxable/exempt U/s-10(18) of the ITax Act, 1961? Are they considered to be just like central/state govt employees?
Pls guide,
Thank you.
Bank employee can't be considered as a Goverenment employee.
Regards,
CA. Deepesh Ruhela
This means that the pension income of the above said person is taxable although he/ she is in the public sector?
Thank you.
Thank you very much. It was a big help.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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