Taxable income

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2017 HELLO
MY OWN PENSION INCOME FOR F.Y. 2016-17 IS Rs. 2,85,983/-
MY FAMILY PENSION INCOME FOR F.Y. 2016-17 IS Rs. 3,97,343/-

Question :
is family pension income is taxable ?
& How can i show both income in ITR ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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17 June 2017 Family pension income is taxable. Show both pension under salary head.

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2017 thank you sir

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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17 June 2017 Family pension may be shown under the head 'income from other sources' against which Ra.15000/- can be claimed as deduction u/s 57(iia) .

Querist : Anonymous

Querist : Anonymous (Querist)

17 June 2017 thank you Mr. B.Chackrapani Warrier

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