Income Under the Head Salaries 5.151 20. Mr. Gretires from ABC Co. on June 30, 2020. He gets pension at Rs. 20,000 per month upto January 31, 2021. With effect from February 1, 2021, he gets 60 percent of pension commuted for Rs. 10,17,000. He also gets gratuity of Rs. 40,000 at the time of retirement. Compute the taxable pension for the assessment year 2021-22.
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