Pension income taxed as salary income?

By | December 4, 2017
(Last Updated On: December 4, 2017)

Is pension income taxed as salary income?​

Yes. Section 17(1) of Income Tax Act says :

(1) “salary” includes—

….

  1. ii) any annuity or pension;​​

[ Income Tax Act  : Section 17  ]

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