Income tax

Is Family Pension Received is taxable
Replies (2)

Yes, taxable under the head 'income from other sources'.

Taxable amount = Amount received less lower of 15,000 or 1/3rd of the amount.

Yes, taxable under the head 'income from other sources'.

Taxable amount = Amount received less lower of 15,000 or 1/3rd of the amount.

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