TMI BlogTax on Superannuation commutation prior to retirement ageX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax on Superannuation commutation prior to retirement age X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . X X X X Extracts X X X X X X X X Extracts X X X X
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