Taxable or not


chartered accountant

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

 
Reply   
 
Management Accountant

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). 


Total likes : 1 times

 
Reply   
 
chartered accountant

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

 
Reply   
 
Management Accountant

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

 
Reply   
 
Tax Technologist

senior or super senior?? whats his age?

 
Reply   
 
chartered accountant

senior. 66years

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU