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Tax on Superannuation commutation prior to retirement age

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..... Tax on Superannuation commutation prior to retirement age
Query (Issue) Started By: - suresh sahu Dated:- 24-4-2015 Last Reply Date:- 17-2-2016 Income Tax
Got 1 Reply
Income Tax
I resigne .....

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..... d at the age of 57 i.e. a year ahead of my retirement age in the company. The company has an approved Superannuation Fund tied with LIC. If I opt for 1/3rd commutation and balance for pension, will my .....

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..... commuted amount be taxed? Reply By MARIAPPAN GOVINDARAJAN: The Reply: If the scheme gives exemption to commutation then no tax will be liable. Please got clarified about the exemption to the scheme .....

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Discussion Forum - Knowledge Sharing .....

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