hi ,
my father got expired 15/5/2017 and my mother is getting his pension of Rs. 30000.00 my mother is 65 years old . is there any tax redate for women. if yes any special redate for widow .
rockey simon
Menu
Rockey
Replies (4)
Tax liability pension treat as salary
family pension to be shown as income from other sources and 1/3rd of family pension or 15000 whichever less can be claimed as deduction
There is no special rebate for women or widow. Your mother's income will be computed as per Mr Rama Krishnan's reply.
| Originally posted by : samir | ||
 |
Tax liability pension treat as salary |  |
If the pension is paid to the employee then pension is taxed as salary. On demise of employee when the pension is paid to employee's spouse it is called family pension and is taxed under the head Income From Other Sources. Just to clarify.
Recent Topics :
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
CAclubindia
