Taxable or not


venkata krishna reddy (chartered accountant)     03 February 2016

venkata krishna reddy
chartered accountant 
 37 likes  751 points

| My Other Post

one of my client, Received Pension Rs.36000/- per month& he is Regd. Govt employee. He is Physically Disabled person.

avater

Sathish M (Management Accountant)     03 February 2016

Sathish M
Management Accountant 
 3419 likes  40526 points

View Profile | My Other Post

Pension income is taxable similar to salary and the assessee can claim deduction under section 80 U upto Rs.75,000 who suffers from not less than 40 per cent of any disability  (Rs.1,25,000 to a person with severe disability). 

1 Like
avater

venkata krishna reddy (chartered accountant)     03 February 2016

venkata krishna reddy
chartered accountant 
 37 likes  751 points

View Profile | My Other Post

he is Senior Citizen. up to Rs.500000/- he is not liable to TAX?

avater

Sathish M (Management Accountant)     03 February 2016

Sathish M
Management Accountant 
 3419 likes  40526 points

View Profile | My Other Post

In that case, he is not liable to tax...!!! 

avater

Udgam Koomar (Tax Technologist)     03 February 2016

Udgam Koomar
Tax Technologist 
 111 likes  1944 points

View Profile | My Other Post

senior or super senior?? whats his age?

avater

venkata krishna reddy (chartered accountant)     04 February 2016

venkata krishna reddy
chartered accountant 
 37 likes  751 points

View Profile | My Other Post

senior. 66years


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  




Popular Discussion


view more »