Tax on family pension

This query is : Resolved 

29 July 2017 My mother is a PSU Employee and she is recieving a family pension of Rs. 1037 p.m. (12144/annum). Family pension is taxable under income from other sources. However a deduction of 1/3 of pension or 15000 whichever is lower is allowed. So in this case how to file itr as here the pension itself is lower than 15000?

29 July 2017 rs12144*1/3 is exempt balance is taxable


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query