Is Commuted Value of Pension Tax Free?

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Whether the amount received as commutation of pension is taxable or not , Sardindu Basu, KolkataYes, the commuted value of pension is tax free as per section 10(10A) . However quantum is dependnt on the fact who is the employer who paid pension to you. Section 10(10A) states1. FULL exemption of commuted value of pension…

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