04 June 2012
MY CLIENT WAS A SALARIED PERSON. HE PASSED AWAY ON SEP. 2011. MY CLIENT WAS RECEIVING PENTION. AFTER HIS DEATH WIFE OF MY CLIENT IS RECEIVING FAMILY PENTION. PLEASE SUGGEST ME THAT BOTH PERSON ARE SEPARATELY TAXABLE OR FULLY TAXABLE IN THE HANDS OF MY CLIENT WIFE. QUERY FOR THE A.Y. 2012-2013
05 June 2012
1. Pension upto the death of the assessee shall be taxable in the hands of the assessee only. The return of the deceased shall be filed in the name of the deceased by the legal heir (wife).
2. Pension received by wife after the death of her husband shall be taxable in her hands.