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Deduction in family pension
The limits given for deduction in respect of family pension u/s 57(iii) is per annum or per month???
Replies (3)
15000 / annum
Okay...
thank you... :)
thank you... :)
In the case of income in the nature of family pension, a deduction of a sum equal to
a) One-third per cent of such income
or
b) Fifteen thousand rupees,
whichever is less, Per Annum
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