• Mr. Rajan retired from A. Ltd. on 31-3-2022. From April 2022 he is receiving a monthly pension of Rs. 28,400. On 31-12-2022, he commuted his 30% of pension for Rs. 4,52,000 and continued to receive balance of 70% of pension. At the time of retirement, he also received Gratuity. One of his friends who is an accountant told him that a non-Government employee cannot claim exemption in respect of pension, if he is receiving Gratuity.

  Analysis the above case and advise Mr. Rajan in this regard. Also calculate the pension income taxable to tax.