26 July 2016
My mother is a widow and is 59 years old getting family pension. She gets pension after the sudden death of my father who was a pensioner retired from State Electricity board employment. He passed away in Jan 2015. The pension per month comes to around Rs. 28000/-. My mother is also salaried and employed in state government services earning Rs 25000/-. She is about to file income tax returns and we are unable to understand the taxability on her salary plus family pension. The bank disbursing the pension has also not deducted any TDS. Kindly guide in this regard.
27 July 2016
Mother has to declare family pension in her return of income under the head 'income from other sources' subject to deduction of Rs. 15,000 u/s.57(iia).
CAclubindia
