Lump sum pension received by a widow

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CA Yasaswy Sarma Veluri (Querist)
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01 September 2014 My Client's husband has been a MLA and has expired after service nearly 10 years ago, my client has been receiving the family pension since then.

family pension being taxable under IOS.

can we claim exemption u/s. 10(10A) for a commuted pension received this year.

or as there is no employee and employer relationship + the husband has expired after service, will it become fully taxable under Income From Other Sources?

TKKKKKK

TKKKKKK (Expert)
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01 September 2014 No, it is not exempt.

Clause says any payment received by way of connotation of pension by an individual out of annuity plan of LIC from a fund set up by corporation.

There is no indication of legal heir.

Still wait for other expert's opinion.