Taxability of family pension
This query is : Resolved
Manish Singh
(Querist)
17 June 2013
If husband receive family pension after the death of his wife, whether he can claim the deduction of 15000 or 1/3rd.
Rupesh Jain
(Expert)
17 June 2013
yes he claim that u/s 57
17 June 2013
As per provisions
It is taxable in the hands of recipients under section 56 under the head “income from other sources”. Standard deduction is available under section 57 which is 1/3 of such pension or Rs. 15000, whichever is lower.
So yes he can claim deductions.... :)
It is taxable in the hands of recipients under section 56 under the head “income from other sources”. Standard deduction is available under section 57 which is 1/3 of such pension or Rs. 15000, whichever is lower.
So yes he can claim deductions.... :)
Manish Singh
(Querist)
17 June 2013
But you can see in the section 57, his is written & also the definition of family include widow, children & parents.
CMA Ramesh Krishnan
(Expert)
17 June 2013
Family pension received by any family members, so family members includes spouse. so it is allowed as experts advice, there no genderwise different applicability in the section even though it mentioned in the section as "his"
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