PCDA Circular 188 - Exemption of Pension/ Family Pension received with Gallantry Award
This office is receiving representations from various agencies stating that PDAs are deducting the Income Tax on pension/family pension of the Defence Pensioners/Family Pensioners who have been granted with Gallantry Awards
2.The issue has been examined and it is found that Chapter-III of Income Tax Act-1961, which provides, vide section 10 (18) inserted by the Finance Act-1999 we. f. 01.04.2000 that incomes which do not form part of total income for the purpose of Income Tax includes the following
Office of the Principal Controller of Defence Accounts (Pension)
Draupadi Ghat Allahabad-211014
Draupadi Ghat Allahabad-211014
Circular No.188
No. AT/Tech/228-VIII
Dated: 06.02.2017
Sub: Exemption of Pension/ Family Pension received with Gallantry Award.This office is receiving representations from various agencies stating that PDAs are deducting the Income Tax on pension/family pension of the Defence Pensioners/Family Pensioners who have been granted with Gallantry Awards
2.The issue has been examined and it is found that Chapter-III of Income Tax Act-1961, which provides, vide section 10 (18) inserted by the Finance Act-1999 we. f. 01.04.2000 that incomes which do not form part of total income for the purpose of Income Tax includes the following
(i) pension received by an individual who has been in the service of the Central Government or State Government and has been awarded "Param Vir Chakra" or "Maha Vir Chakra" or "Vir Chakra" or such other gallantry award as the Central Government may, by notification in the Official Gazette, specify in this behalf:3.In view of the above all Pension Disbursing Authorities are advised to allow the benefit of exemption of Income Tax to the pensioners/family pensioners mentioned at 2(i) & (ii) above.
(ii) family pension received by any member of the family of an individual referred to in sub-clause (i).
s/d,
(Dhananjay Singh)
Jt.CDA (P)
Signed Copy(Dhananjay Singh)
Jt.CDA (P)
0 comments:
Post a Comment