Pension income

This query is : Resolved 

15 July 2013 A FEMALE AGED 60+ (SENIOR CITIZEN)
RECEIVED PENSION FROM RAILWAY ON BEHALF OF HUSBAND (EXPIRED) OF RS.208492/-P.A
PENSION FROM LIC RS.10824/-PA.

ARE THE ABOVE TAXABLE?. YES/NO PLEASE REPLY WITH SECTIONS TO BE APPLICABLE.

WHICH ITR WILL BE APPLICABLE, AS IT HAS LONG-SHORT TERM CAPITAL GAIN..REGARDS


16 July 2013 It is family pension. exempted up to Rs.15000 or 1/3rd of amount received. taxable under income from other sources.

you can file ITR-2


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