138 Disability Pension given to Armed Forces Personnels --I is fully exempled a pet letter F No. 200/51/9ITA Lissued by CBDT dated 6.5.2000 BOD. For Non-Government Employees. Any amount teodived on commutation of pen shall be exempt as per the provisions of section 10(10A) B(1)(a). Il employee receiver gratuity also. The exempled amount shall be committed value of one-third (1/3) of pension which he is normally entitled to receive (1)). // employee does not receive gratuity. The exempted amount shall be commute value of one-half (1/2) of such perision ILLUSTRATION 33 Find out the taxability of pension in me Tollowing cases (1) Mr. Shri Kant retires from a public limited company on 31st August 2014 and his passion was fixed at 1.500 pm. He does not commute any part of pension (ib MusRretires from Government service on 30th September 2014 and her pension was feed at 1.000 p.m. She does not commute any portion of pension in Mr Raju retires from Punjab Government service on 30th Jun 2014 and his person has been fixed at 1.200 pm. He gets 1/3rd of his pension commuted for ? 60.000 (iv) Mr. Reddy retires from private service on 30th Apnl. 2014 and his pension has been die at * 1.500 pm. He gets of his pension commuted and gets 80.000. He also received 375,000 as gratuity. He gets his pension commuted during January, 2015 In all cases, pension becomes payable on the 1st day of each month