A query u/s 57

This query is : Resolved

krina (Querist)
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15 March 2013 Hello Everyone..

I have a client house is receving a "Arrears of Pension" now & this Pension is Family pension (i.e this pension is recevied on account of death of her Husband)

now my query is with regards to the Taxablity of the Arrears of pension, as per section 57(iia) Family pension gets deduction of lower of Rs. 15,000 or 33.1/3rd percent of such income but Act is silent about the Arrears of pension

Secondly one can't consider deduction under Sec 89(1) as there is no Employer -Employee relationship here

All Suggestions are welcome..

thanks alot in advance..

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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16 March 2013 i) Deduction u/s 57(iia) is 1/3 rd or Rs.15,000/- which ever is less. This deduction can be claimed for family pension arrears as well.

ii) Relief u/s 89(1) can be claimed for family pension arrears also.

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