Hi,
If an Individual received Pension from Government on behalf of her husband. ( Husband no more ) . Which ITR form should use to this assessee? ( ITR1 or ITR 4 ) .
Note: She is a homemaker.
sivakumar (Asst Manager - F&A) (324 Points)
21 April 2014Hi,
If an Individual received Pension from Government on behalf of her husband. ( Husband no more ) . Which ITR form should use to this assessee? ( ITR1 or ITR 4 ) .
Note: She is a homemaker.
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2010 Points)
Replied 21 April 2014
Dear Shivakumar
1. ITR 1 is applicable
2. exemption u/s 57 iia is also available i.e 1/3 of family pension or 15000/- which ever is less.
Saket Jha
(Accounts & Tax Consultant)
(246 Points)
Replied 29 April 2014
I agree with tax pandit statements,You can esaily use ITR -1, because it is family pansion.
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