Pension income

a client receives pension from govt dept (his husband worked there & after his death she is receiving pension). where to show this pension (salary or other sources). which itr should b filled? itr 1 or itr 2 ? there is also fd income on which tds is deducted.

 

Replies (5)

ITR 1 sholud be filed

& it is shown under income from other sources coz it is receving by a legal heir 

As the pension received by legal heir is treated as family pension therefore it is taxable under the head other sources and not salary further FD intt. is also taxable under the head other sources only and ITR-1 should be filed

Pension and FD intt both be shown as other income. You can use ITR 1. Futher check section 57 i think some exemption out of family pension is available
Pension income shown in other source income nd file itr-1...

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details