sunder died on23rd july,2004 while being in central Government service in term of rules governing his service his widow is paid a family pension of Rs 10000 p.m and dearness allowance of 40% thereof
what is taxable income????
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compute taxable income A-Y 2019-20
Replies (1)
Family pension is taxable under Income from other sources. Calculations will be as :=14000pm.annual will be 168000= -15000=Dedutions as per Sec. 57 of I tax.So taxable amount will be 153000.
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