Regarding Pension Income, Income Tax

[Maikulal Bhagat]

Dear Sir,

A person is running a partnership business and he get remunartion as well as interest on capital on his business , and he also receiving pension from his previous employer.

Please confirm that his pension income will be inclued in his gross income or not ?.

Posts / Replies

[KASTURI SETHI]

Pension income will be included.

[Ganeshan Kalyani]

yes it will be added to the gross income.

[MARIAPPAN GOVINDARAJAN]

Definitely included. It is the first source and permanent source of his income.