https://www.taxtmi.com/acts?id=9851 Individuals employed by the Central Government who pay into a Central Government notified pension scheme, and Central Government contributions to those accounts, are allowable deductions in computing total income subject to the salary linked limit in the section. Amounts for which deductions were allowed, together with accrued amounts, are taxable as income in the year received if received on closure or opting out of the scheme or as pension from an annuity purchased on such closure or opting out. Deductions under this section preclude a rebate under section 88. "Salary" includes dearness allowance where terms of employment provide. en-us Wed, 22 Oct 2008 10:49:39 +0530 Wed, 22 Oct 2008 10:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=9851 Individuals employed by the Central Government who pay into a Central Government notified pension scheme, and Central Government contributions to those accounts, are allowable deductions in computing total income subject to the salary linked limit in the section. Amounts for which deductions were allowed, together with accrued amounts, are taxable as income in the year received if received on closure or opting out of the scheme or as pension from an annuity purchased on such closure or opting out. Deductions under this section preclude a rebate under section 88. "Salary" includes dearness allowance where terms of employment provide. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 10:49:39 +0530 https://www.taxtmi.com/acts?id=9851