Tax on Superannuation commutation prior to retirement age
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....ax on Superannuation commutation prior to retirement age<br> Query (Issue) Started By: - suresh sahu Dated:- 24-4-2015 Last Reply Date:- 17-2-2016 Income Tax<br>Got 1 Reply<br>Income Tax<br>I resigned....
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.... at the age of 57 i.e. a year ahead of my retirement age in the company. The company has an approved Superannuation Fund tied with LIC. If I opt for 1/3rd commutation and balance for pension, will my ....
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....commuted amount be taxed? Reply By MARIAPPAN GOVINDARAJAN: The Reply: If the scheme gives exemption to commutation then no tax will be liable. Please got clarified about the exemption to the scheme.....
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