25 November 2014
one of my frnd Mother(60 year) receive total uncomputed pension for the F.Y 2013-14 Rs 557937/- as per mention below. 1) Has own pension :- 222561/- 2) Has husband pension due to death: 335376/-
she has not invest money under which she can take advantage U/S 80C. Plz Reply me what is Tax Liability in this case?? or how i can reduce tax liability in above case?? plz help me..
25 November 2014
01. Her own pension is taxable. 02. Not clear as to what you mean by she received UNCOMPUTED pension of her husband due to death....Please clarify. It seems she received the amount standing to her husband's credit in pension account.