58. Pension Income under head Salary | Pension Exemption under Income Tax

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  • Опубліковано 29 гру 2024

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  • @StudyAtHome
    @StudyAtHome  Рік тому +4

    ✅Join Study At Home WhatsApp Channel - whatsapp.com/channel/0029VaAOYpQ7j6g3r4W4Rr0H
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  • @gautamthakur9164
    @gautamthakur9164 Рік тому +28

    Sir i am maintaining notes of heads of income in a separate notebook.....please you are like weapon of us in the battle of ca inter exams for poor students who can't afford even a GD of any subject you are providing us whole 50 marks ..even 100 marks for free ...without you we are nothing and we will be hopeless and take loan for coachings ..thank you sir very very much please aap demotivate matt ho kyuki aapka ye hardwork kitne sare baccho aur unke parivar ko rahat ki saas de raha hai...please sir you are doing a very noble work....

    • @StudyAtHome
      @StudyAtHome  Рік тому +8

      I deeply appreciate your heartfelt message! 😊 Your words are truly inspiring, and I'm here to provide support for your studies. I understand the challenges many students face, and I'm committed to making education accessible to all.

    • @CallMeRandomGuy
      @CallMeRandomGuy Рік тому +2

      Right brother 💯❤️

    • @CallMeRandomGuy
      @CallMeRandomGuy Рік тому

      Bhai notes kaise bna rhe ho, Like illustrations Sir ke examples likh rhe ho ya aur kuch bhi...?

    • @gautamthakur9164
      @gautamthakur9164 Рік тому +1

      @@CallMeRandomGuy bhai jo sir bata rahe hai aur sir ke book ki help se apne language me bna raha hu notes sir ki e book kaha se milegi?

    • @CallMeRandomGuy
      @CallMeRandomGuy Рік тому

      @@gautamthakur9164 Sir ke app study at home pe h ebook (Paid pdf h)

  • @manshimishra8302
    @manshimishra8302 Місяць тому +1

    Sir i am blessed that i found your channel
    I was very worried about my income tax
    I have purchased lectures from pw .
    Only gst teachers were good i appreciate his teaching way but apart from gst
    Taxation
    And other subjects were miserable
    And the faculty were very bad at teaching 😢
    Thanks a lot sir
    I thoughts i have wasted my money
    But got your classes for free and now i am completing my taxation part as well

    • @StudyAtHome
      @StudyAtHome  28 днів тому

      It's great to hear my classes are helping you with your taxation part. Keep Learning

  • @Mohitsingh-ny9wz
    @Mohitsingh-ny9wz Місяць тому +1

    Sir please never delete this playlist ...this is a saviour for many poor students🙂❤️

  • @Chitranhs24
    @Chitranhs24 9 місяців тому +3

    Thank you so much sir for your unique way of teaching because of which I don't need to mugg up all the limits. Now, i know the limits given in act because you have made us clear why had that particular limits got introduce in the act.

    • @StudyAtHome
      @StudyAtHome  9 місяців тому

      You are most welcome! Keep watching!

  • @nikhilbaddal1373
    @nikhilbaddal1373 4 місяці тому

    Sir I solved 36:16 this question . My solution is exactly match with your solution. Not only this but other difficult problems also become easy . Only because of You . Really,Dil se Thank you so much sir🙏🙏🙏. NOTHING IS TAXATION FEAR WHEN RAJ SIR IS HERE

  • @triptiyadav1397
    @triptiyadav1397 10 місяців тому +2

    sir aapke speaking accent se mjhe pata lag gya tha ki aap banaras se hi ho☺☺

  • @_KARAN_2010
    @_KARAN_2010 10 місяців тому +1

    Thank you for this amezing income tax lectures...mene apki aek bhi video playlist me miss nahi ki ...😊

    • @StudyAtHome
      @StudyAtHome  10 місяців тому

      I'm delighted to know that! You're welcome! 😊

  • @thanos3326
    @thanos3326 10 місяців тому

    Class start krne se pehle dekhne ka mann ni kr rha tha lekin jaise hi start kiya to fir sir apke teaching ne pura involve kr liya or class kb khtm ho gai pta bhi nhi chla .... Thank u sir.

    • @StudyAtHome
      @StudyAtHome  10 місяців тому

      Glad to hear that! You're welcome!

  • @Professional-Rohit
    @Professional-Rohit Рік тому +2

    Sir aap bahut achha padhate ha aap jo example karate ha wo to superb ha thank you sir 💐

    • @StudyAtHome
      @StudyAtHome  Рік тому +1

      Thank you, glad you like my teaching style!

  • @godspree7119
    @godspree7119 9 місяців тому +1

    Sir kya padhaya hai waah!waah! Maza hi aagya itna simple hai yeh sab thank you so much sir ♥️

    • @StudyAtHome
      @StudyAtHome  9 місяців тому +1

      Glad to know that! You're most welcome! 😊

    • @shockedcat7
      @shockedcat7 9 місяців тому

      🫡

  • @Caikbalhussain
    @Caikbalhussain 8 місяців тому

    what a lovely way of teaching, one of the best channel ever on UA-cam which is made for the wellbeing of the students. I am appearing in Nov 24 and want to thank Raj k sir for this hard work. i am glad to be called as a student of Raj k sir.

  • @shubhamd-i4n
    @shubhamd-i4n 11 місяців тому +1

    Examples are enough to understand the concepts ; thanx a lot sir

    • @StudyAtHome
      @StudyAtHome  11 місяців тому

      You're most welcome! 😊🙌

  • @anuragmodi2251
    @anuragmodi2251 6 місяців тому

    The way you explain the reasoning behind the provision makes it easy to remember.

    • @StudyAtHome
      @StudyAtHome  6 місяців тому

      I'm glad to hear that! Making concepts memorable and understandable is always my goal.

  • @HoneyMJain
    @HoneyMJain Рік тому +3

    Thank you sir awesome explanation...

  • @sahilthakur447
    @sahilthakur447 3 місяці тому +1

    Thanku so much sir for this wonderful 👍😊 class 🙏🌼

  • @rohitjindal1356
    @rohitjindal1356 Рік тому

    Sir I already complete the IT course of CS executive but today calculate many new problems that I never seen before , really sir you are very ousum highly appreciate your efforts for students.
    I make more better grip on my IT subject, thanks for all the love in the essence of providing such a quality education to all.💛💛
    ONCE AGAIN WE THANK YOU FOR ALL OF THIS❤

    • @StudyAtHome
      @StudyAtHome  Рік тому

      I'm delighted to hear that my lectures have helped you gain a better understanding of IT and that you've encountered new challenges to strengthen your knowledge. Thank you for your kind words and appreciation! 😊🙌

  • @ruchitha_chowdary
    @ruchitha_chowdary 8 місяців тому

    Before watching ur lecture I was reading reading reading but not remembering these stuff but after ur lecture I feel like tax is very easy thank u so much for ur efforts for students sir❤

    • @StudyAtHome
      @StudyAtHome  8 місяців тому +1

      Thank you for your kind words! I'm thrilled to hear that my lectures have made tax concepts easier for you to understand 😇

  • @ROHINIK-s2n
    @ROHINIK-s2n 2 місяці тому

    Thank you sir very helpful lectures 😊

  • @utkarshraj7880
    @utkarshraj7880 10 місяців тому +1

    Thanks for ur efforts sir❤

    • @StudyAtHome
      @StudyAtHome  10 місяців тому +1

      It's my pleasure! Keep watching 😊

  • @ANKITJHA-ig8db
    @ANKITJHA-ig8db Рік тому +2

    Thank you so much sir ❤❤❤

  • @pranavsingh5572
    @pranavsingh5572 11 місяців тому +1

    THANK YOU SO MUCH SIR FOR LECTURES YOU ARE DOING GREAT WORK IN LECRURES

  • @mohammedziaulhassan832
    @mohammedziaulhassan832 9 місяців тому +2

    Thank you So much sir
    😇😇😇😇

  • @SrishtiGoel14
    @SrishtiGoel14 9 місяців тому +1

    Thank you so much sir 😊

    • @StudyAtHome
      @StudyAtHome  9 місяців тому

      You're most welcome! 😊

  • @commercialservice.3243
    @commercialservice.3243 4 місяці тому +1

    Love you sir,love from odisha....

  • @mdjahangiralam1009
    @mdjahangiralam1009 Рік тому +1

    You made this concept very easy to understand and sir you are fantastic

  • @poojasherawat55
    @poojasherawat55 Рік тому +1

    amazing lecture sir ..thank you so much sir🙏☺

  • @SahilKumar.05
    @SahilKumar.05 Рік тому

    You're lecture are like prime time for CA students but positive thanks sir for doing great work for students

    • @StudyAtHome
      @StudyAtHome  Рік тому

      Thank you so much for your kind words!

  • @ankitjha2
    @ankitjha2 Рік тому +2

    Thank you sir ❤️

  • @SwetaSarkar-qy5wf
    @SwetaSarkar-qy5wf 2 місяці тому

    Thank you so much Sir❤❤

  • @allrounderguru9012
    @allrounderguru9012 Рік тому +1

    Thank you and love you sir 🌻❤️

    • @StudyAtHome
      @StudyAtHome  Рік тому

      You're most welcome😊🙌 your love and support motivates me ✌️

  • @sanket06
    @sanket06 5 місяців тому +1

    Thankyou so much sir for your help

  • @AyushsinghCACSaspirant1912
    @AyushsinghCACSaspirant1912 3 місяці тому +1

    Thanks sir ji samaj aagya gya😊

  • @ArabindaJana-de1jh
    @ArabindaJana-de1jh Місяць тому

    First of all thank you very much sir although this thank you is not enough for your top notch way of teaching.
    Actually, I have a problem, Sir.
    Sir, in the Handbook on Income Tax, in the Salary chapter, on page 74, Illustration 6, why has the statutory limit for gratuity calculation been mentioned as 10 lakh? The person had no exemption against gratuity before, so in that context, shouldn’t it be 20 lakh without any reduction?

  • @Moneymatters9946
    @Moneymatters9946 2 місяці тому +1

    Thankyou sir❤❤

  • @lucknowrailerjalaj3065
    @lucknowrailerjalaj3065 Рік тому +2

    Sir second wala question Maine sahi kiya video pause krke❤❤😊😊🙏😃

  • @ameetopiwala7255
    @ameetopiwala7255 Рік тому +1

    Thank you so much sir for the wonderful lecture 😊

  • @subhajitmajumdergamezone
    @subhajitmajumdergamezone 7 місяців тому

    Enjoyable lecture thank you sir 😊❤

  • @bestofbest4977
    @bestofbest4977 10 місяців тому

    thankyou so much sir for the lecture, keep going.. I am a big fan of your way of teaching
    Just a silly question, I just wanted to clear it to myself.
    27:15 - We need to calculate the 1/3 of 15000 right? which is 5000.
    lots of love...

  • @debashisganguly6680
    @debashisganguly6680 9 місяців тому

    Thank you sir ❤.
    Ans match ho gaya aap ne jo sums karwaye ❤.

    • @StudyAtHome
      @StudyAtHome  9 місяців тому

      You're welcome! Good! 🙌

  • @AYUSHDEV.25
    @AYUSHDEV.25 Рік тому +2

    Sir will you take GST Classes on UA-cam for MAY 2024 OR Should refer your old videos

    • @StudyAtHome
      @StudyAtHome  Рік тому +1

      Refer to old videos, will keep on adding amendment lecture.
      Next amendment lecture would come within a week

    • @AYUSHDEV.25
      @AYUSHDEV.25 Рік тому +1

      @@StudyAtHome Ok Sir
      Thank you

  • @NoSurpr1ses
    @NoSurpr1ses Рік тому +3

    Thankyou sir

  • @ShivaniSharma-tg8mp
    @ShivaniSharma-tg8mp 8 місяців тому

    Best session sir 😊😊

  • @Sam-dy4sv
    @Sam-dy4sv 10 місяців тому

    thank u so much sir ji for your great efforts🙏🙏

    • @StudyAtHome
      @StudyAtHome  10 місяців тому

      It's my pleasure! 😊🙌

  • @Aditi_diary
    @Aditi_diary Рік тому +1

    Thank you so much sir.. I'm enjoying this subject because of you 😊✨

    • @StudyAtHome
      @StudyAtHome  Рік тому

      You're always welcome! Keep watching! 🙌

  • @kajolchotrani3875
    @kajolchotrani3875 8 місяців тому +1

    Hello sir i have one doubt...pension ko commute karane ka option sirf ek bar hi milta h ya fr after some years we can also exercise the option of commuting

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      This option is generally open at all times.

  • @garimamundhra1596
    @garimamundhra1596 10 місяців тому +1

    # DOUBT
    sir , last question for homework -
    The statutory limit should be 20 lakhs for gratuity but here they have taken 10 lakha

  • @csvkshukla
    @csvkshukla Рік тому +1

    got full concept sir....thanks

  • @saniyamehandistudio8828
    @saniyamehandistudio8828 4 місяці тому +1

    Sir please share the questions pdf 🙏🏻🙏🏻🙏🏻

  • @mohammedziaulhassan832
    @mohammedziaulhassan832 9 місяців тому

    hi sir , why didn't added DA in salary in illustration 6 solution sir
    assuming that DA is forming part of retirement

  • @chauhanayush654
    @chauhanayush654 7 місяців тому +1

    Thank you sir ap samjate ho to zindagi bhar k liye yaad reh jata hai
    but sir mujhe ek doubt hai apne jo homework diya hai usme Gratuity me statutory limit to 20 lakhs hoti hai par apne 10 lakhs likha hai bass wahin thoda doubt hai and once again thank you sir apke efforts k liye ap de motivate mat hona warna hamara kya hoga

    • @DipikaMahal
      @DipikaMahal 6 місяців тому

      Gratuity ki 25000 kese ayi... illustration 6 mein
      Any idea
      Can you solve this question?

  • @KrishnaRoy-ek4io
    @KrishnaRoy-ek4io 8 місяців тому

    You are god for us sir ji 🙏

    • @StudyAtHome
      @StudyAtHome  8 місяців тому

      Thank you so much for you kind words! ❤

  • @anuragmodi2251
    @anuragmodi2251 6 місяців тому

    Sir whenever you solve examples I pause the video, and try to solve it myself and every time when I make a mistake, I get very angry but simultaneously starts laughing.

  • @asutoshblogs8990
    @asutoshblogs8990 Рік тому

    Hamare neta kesa ho
    Kher chodo neta kesa bhi koi bhi ho
    Per hamare sir aap hi aur hamesha raho
    Sir main aap se padhkar bacho ko padha ta hun 🙏🙏 greatful to you sir 🙏🙏🙏🙏
    ❤❤❤

    • @StudyAtHome
      @StudyAtHome  Рік тому +1

      Thank you! Your good wishes and blessings strengthen me even more 😊🙌

  • @demon04x
    @demon04x 3 місяці тому

    Thank You sir jiiiii ❤
    Sir yeh jo sections hai for family pension of armed forces or family pension u/s 56 and it's deduction u/s 57
    yeh sections yaad rakhne hai?

  • @varalakshmikundukuru8898
    @varalakshmikundukuru8898 Рік тому +1

    18:13 y sir has taken 7 months while calculating uncommuted pension. Pls clarify my doubt sir

    • @StudyAtHome
      @StudyAtHome  Рік тому

      He retired on 31st August so will get pension from Sept 2023 to March 2024 i.e. 7 months

  • @Arzoomakrani
    @Arzoomakrani 4 місяці тому

    sir if the person die and he had opted for uncommuted pension so the amt which is not recived by him will go to family pension or not ?????

  • @rithikkumarshah8763
    @rithikkumarshah8763 8 місяців тому

    Sir if there is no mention of gratuity (covered/not covered under gratuity act) in question
    Should we assume that gratuity not covered under gratuity act

  • @Therevision_upsc
    @Therevision_upsc Рік тому

    One more day
    Goosebumps of a tax expert

    • @StudyAtHome
      @StudyAtHome  Рік тому

      Keep Watching! A lot of interesting topics are coming!

  • @SandhyaO-jm9tg
    @SandhyaO-jm9tg 2 місяці тому

    Sir kya har saal commuted value ka 1/2 ya 1/3 taxable hoga

  • @Beantmahi_pb003
    @Beantmahi_pb003 3 місяці тому

    Thankyou❤

  • @SanjaySShenoi
    @SanjaySShenoi Рік тому

    Enjoying very much sir! 😊

  • @kriparadhekrishn
    @kriparadhekrishn 4 місяці тому

    ❤ Thank you sir

  • @abhedkant
    @abhedkant Рік тому

    Yes sir I will solve Q.6 by self and match it with solution.

  • @maitri-23
    @maitri-23 9 місяців тому

    thanks a lot sir..amazing lec

  • @ritusahni894
    @ritusahni894 10 місяців тому

    sir apse pdhkr to income tax easy lgra h abtk i dont know baki sab qq drte hai iss subject se..😅

    • @StudyAtHome
      @StudyAtHome  10 місяців тому

      Glad to know that! Keep watching 🙌

  • @KashishYatra
    @KashishYatra Рік тому

    18:21 sir , uncommuted pension is fully taxable for both whether a govt. employee or non . Then , why did you give the exemption here ?

    • @StudyAtHome
      @StudyAtHome  Рік тому +1

      Exemption has been only on the commuted pension portion.

  • @shivanisahgal
    @shivanisahgal 8 місяців тому

    Hello sir doing very good job ......m enjoying studying now thankyou so much ❤❤
    Sir I want to ask from last illustration which you give in homework that in gratuity working why question take 10 lacs as statutory limit because rules said that if any earlier exemption were done by the previous employer then this limit will be picked but the question not mentioned anything so ..

  • @paaninisharma546
    @paaninisharma546 Рік тому +1

    Is your illustration and module question are enough to clear exam?

  • @dilipnorton6465
    @dilipnorton6465 11 місяців тому

    Thankyou sir the concept was crystal clear. You said to solve the question at the end of video i solved the question and matched it with the solution you provided it was correct just because of you sir thanks for all your efforts ❤❤🙏🏻🙏🏻 but can I assume that the assessee is covered under the payment of gratuity act 1972 for the solution?

  • @Travelwithsamar18
    @Travelwithsamar18 Рік тому

    one more golden class ❤

  • @Praveenyadav1st2
    @Praveenyadav1st2 11 місяців тому

    शानदार ❤

  • @SourabhYadav-e9f
    @SourabhYadav-e9f Рік тому

    thank u sir
    doubt - is pension received by army officer is taxable?

  • @Djbinod69
    @Djbinod69 Рік тому

    23:19 sir, why did you take 60% in Commuted pension. In last example you have told that ( Gratuity not received) 1/2 commuted pension will be taken in full amount .
    We know that 60% of 300000 is 180000 .

    • @StudyAtHome
      @StudyAtHome  Рік тому +1

      60% of full value of pension is 3 lakh rupees. So, by dividing 3 lakh by 60%, we can get full value of pension.

  • @MamtaMakale
    @MamtaMakale 5 місяців тому

    In the last example end of this class gratuity statutory value is 1000000 and why calculated there half month salary for 5 yrs ?

    • @Mousiee765
      @Mousiee765 2 місяці тому

      That 1000000 must be a mistake and that half month salary is just the 1 st condition of "not covered under gratuity act" that is avg monthly salary × 15/30×No of completed yrs of service

  • @SadiqKhan-jy3ny
    @SadiqKhan-jy3ny Рік тому

    Thankyou sir 😊

  • @zishanansari2793
    @zishanansari2793 Рік тому

    very very thanyou sir i appreciate you love you sir

    • @StudyAtHome
      @StudyAtHome  Рік тому

      You're welcome and thanks for your love and support!

  • @dharmjit4
    @dharmjit4 3 місяці тому

    Sir ajj kal pension milti hai kay govt employee ko

  • @Potentialyogi
    @Potentialyogi Рік тому

    Tysm sir

  • @vikramadiga6372
    @vikramadiga6372 Рік тому

    Good one sir❤

  • @Nikhil-md9nr
    @Nikhil-md9nr 11 місяців тому

    Sir illustration 6 mein pension ko uncommuted mana gaya h ya commuted pension? If it is considered as commuted pension then why no exemption provided?

  • @sidhesh15
    @sidhesh15 Рік тому

    ❤❤than u so much sir . itna accha toh fee deke nhi padate h baki .

    • @StudyAtHome
      @StudyAtHome  Рік тому +1

      You're Welcome! Glad you like my teaching 😊🙌

  • @KrishnaRoy-ek4io
    @KrishnaRoy-ek4io 8 місяців тому

    Sir pension kya humlog during the employment le sakte hai?

  • @CS-BANTI.
    @CS-BANTI. Рік тому +1

    Present sir ❤

  • @DipikaMahal
    @DipikaMahal 6 місяців тому

    Gratuity ki 25000 kese ayi... illustration 6 mein
    Any idea
    Can anyone solve this question?

  • @C_singla
    @C_singla 4 місяці тому

    In question number 6 in book gratuity statutory limit is given 10 lakh but in rule it is 20lakh I think there is misprint in question is it right sir ??

  • @minecraftbhau3802
    @minecraftbhau3802 2 місяці тому

    Like karte rhe mhakal ka naam leke like thok de 😅👍👍👍

  • @demon04x
    @demon04x 3 місяці тому

    Sir jo Homework diya tha aapne Illustration no.6 usmei toh gratuity 37,500 aa rahi hai
    as it is the case of covered under gratuity act
    So the last drawn salary x 15/26 x no of years of service
    13000(basic pay +DA{full} ) x 15/26 x 5 = 37,500 which is least
    so the final total taxable salary changes to 2,03,500
    Just yeh doubt tha 😢❤

    • @Mousiee765
      @Mousiee765 2 місяці тому

      SAMEE, if u get answer for this tell me too

  • @tusharaggarwal2151
    @tusharaggarwal2151 10 місяців тому

    Thanks sir

  • @vishalgoel5951
    @vishalgoel5951 11 місяців тому

    Very good

  • @MohitKumarCLC
    @MohitKumarCLC Місяць тому

    nice

  • @CASPIRANT_1
    @CASPIRANT_1 9 місяців тому

    Thankyou sir

  • @BILOOBADSHAH-xc8fd
    @BILOOBADSHAH-xc8fd 11 місяців тому

    Sir ji ❤ye Jo monthly pension ati h , wo bhi 1 limit tk hi. Milti hogi na ,
    Jaise aap ne bola ki 20,000 milegi per month or 10lakh lump sum ,
    Mtlb jo 20,000milega wo 10lakh amt. Pura hone tk milega , ya
    Jb tk jinda h tb tk.
    Kon se factor pr depend krta h dono m se ?? ❤❤

  • @ASHUTOSHKUMAR-ro1eq
    @ASHUTOSHKUMAR-ro1eq 5 місяців тому

    Abhi aapko khud calculator pe calculate karna par raha hai,, jab saamne student hote hain to wahi log calculate kar dete hain 😀😊😊

  • @avinashbhagwate7148
    @avinashbhagwate7148 Рік тому

    Sir ek question tha ICAI module main 2.8 page par resident and ordinarily resident individual के case main 9 out of 10 गलती se print kiya hai kya. meine google , UA-cam par search kiya 2 out of 10 hi hai aur aap ne bhi 2 out of 10 hi bataya hai.ROR or RNOR ke case mein

    • @StudyAtHome
      @StudyAtHome  Рік тому

      Aap phir se padho, to samajh me aayega ki dono hi sahi hai.

  • @vajinderkashyap1124
    @vajinderkashyap1124 11 місяців тому

    Very nice

  • @NikitaKhopade-q5t
    @NikitaKhopade-q5t 9 місяців тому

    Hii sir pension ke first example mein aapne uncommuted pension 7 months ke liye liya par aisa aana chahiye tha ki 20000*40% 7/12 aana chahiye tha na aapne sirf 7 kyun liya

  • @shivamsingh-fw5wf
    @shivamsingh-fw5wf 11 місяців тому

    thanku sir

  • @zeeshankhan90122
    @zeeshankhan90122 Рік тому +3

    SIR REALLY ,, HATTS OF TO YOU FOR PROVIDING FREE CLASSES OF DIRECT TAX

  • @kashishbery2261
    @kashishbery2261 Рік тому +1

    Sir ur birthday coming soon😅😁🎂