TMI BlogTAXABILITY OF PENSION OF AN GOVERNMENT EMPLOYEEX X X X Extracts X X X X X X X X Extracts X X X X ..... 1. Under Which head 7th pay commission is taxable 2. Whether pension have breakup as salary into Basic, DA, Medical Allowance 3. If yes, how it is taxable, whether medical will be exempted upto ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ₹ 15000 4. How salary/pension of Government employee is taxable, whether for April to March or March to Feb - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = 1. This question is not corre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctly framed. 2. Yes. there is break of up basic pay, DA, medical allowance etc., 3. Yes, admissible as per the latest provisions of income tax act. 4. April to March. - Reply By S.C. WADHWA - The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply = Sir, Thanks for reply I am correcting my first question under which head arrears as per 7th pay commission is taxable. I want to reconfirm that You have confirmed that Pension has also br ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eakup into Basic, Medical Allowance. Whether medical allowance will be exempted upto ₹ 15000/- upon submission of medical bills. Please reconfirm. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly = Reimbursement of medical allowance is allowed up to the limit prescribed i.e., ₹ 15000/- per year. It will not form part of pension. - TAXABILITY OF PENSION OF AN GOVERNMENT EMPLOYEE - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Query Started By: - S.C. WADHWA Dated:- 16-5-2018 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... managementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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