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Deduction in family pension

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The limits given for deduction in respect of family pension u/s 57(iii) is per annum or per month???
Replies (3)
15000 / annum
Okay...

thank you... :)

In the case of income in the nature of family pension, a deduction of a sum equal to

a) One-third per cent of such income

                            or

b) Fifteen thousand rupees,

whichever is less, Per Annum 


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