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Wednesday, 4 February 2015

ENTIRE AMOUNT OF MILITARY PENSION IS EXEMPTED FROM IT IF YOU DRAW DISABILITY PENSION FROM MILITARY

Instruction No 2/ 2001
F.No. 200/51/99-ITA.I

Govt of India
Ministry of Finance
Deptt of Revenue
Central Board of Direct Taxes
New Delhi, the 2
nd July, 2001
To :
All Chief Commissioners of Income-Tax
All Directors General of Income-Tax 
  
Subject : Exemption from Income Tax to disability pension, i.e., “disability element” and “service element” of a disabled officer of the Indian Armed Forces – Instructions regarding
 
Sir,
References have been received in the Board regarding exemption from Income Tax to disability pension, i.e., “disability element” and “service element” of a disabled officer of the Indian Armed Forces.
 
2. It appears that field formations in certain cases are not uniformly allowing disability pension inspite of Board’s Instruction No 136 dated 14th January 1970 (F No 34/3/68-II(AI) ).
3. The matter has been re-examined in the Board and it has been decided to reiterate that the entire disability pension, i.e, disability element and service element of a disabled officer of the Indian Armed Forces continues to be exempt from Income Tax.
 
4. This may be brought to the notice of all officers working under you.

Yours faithfully
  Sd/- 
(B L Sahu) 
OSD (ITA-I)  

9 comments :

  1. Sir,
    Do you mean commissioned officer and PBOR both?

    K L Stanley John

    ReplyDelete
  2. Income Tax exemption is for all disability pensioners. I am sending some more details to blogger Sir in next comment

    ReplyDelete
  3. Dear Menon sir

    I beg to give more info. On exemption

    CBDT letter no. F No 200/51/99-ITA 1 dated 06 May 2000.

    RBI press release dt 20 Dec 2007. Available on Internet under heading No Income Tax Deduction from Disability Pension

    Para 88.3 of Def Pen Payment Inst. 2005 available on internet






    ReplyDelete
    Replies
    1. i didnt find any press release regarding this under the date mentioned above

      Delete
  4. Whether DA on military pension is taxable or not ?

    ReplyDelete
  5. How to get refunded deducted TDs sir?

    ReplyDelete
  6. i am nt getting my disable pension.please help me

    ReplyDelete
    Replies
    1. If you are based in Delhi, can call me at 09958003977. I am an ex JWO and practicing advocate in Armed Forces Tribunal otherwise you can contact some advocate practicing at regional bench of Armed Forces Tribunal of your area.

      Delete
  7. Please post whether special family pensioners and liberalised family pensioners exempted from income tax

    ReplyDelete