Hello Everyone ..
can some please tell me the tax consequnces of following
Pension (Which was in arrears) received by the wife of Deased Goverment employee.
thanks alot in advance ..
Hello Everyone ..
can some please tell me the tax consequnces of following
Pension (Which was in arrears) received by the wife of Deased Goverment employee.
thanks alot in advance ..
FRIEND, it should be taxable in the head of OTHER SOURCES , because there is no employer employee relationship between employer and deceased wife. NO EXEPTION WILL BE ALLOWED TO DECEASED WIFE.
ANY INCOME IS TAXABLE IN SALARY ONLY IF THERE IS EMPLOYER EMPLOYEE RELATIONSHIP.
thanks alot for the reply
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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