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Mr. Dubey • 52.48K Points
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Q. Pension received by an employee of the central or state government who has been awarded “Param Vir Chakra” _____________

(A) Is taxable as income from salary
(B) Is exempt from tax
(C) Is taxed after deducting Rs.15,000 or 1/3 whichever is lower
(D) Is taxable as income from other sources
  • Correct Answer - Option(B)
  • Views: 745
  • Filed under category Direct Tax
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