Hi,
I ,as an individual , received an arrear of pension from the central govt. of Rs. 4000.00 in the month of Jan.11 of my father who was a govt. employee & already death. This amount was not included in the previous year income of my father. Please guide, whether this amount is taxable in my income or not ? If yes, then under which section?
Awaiting your response.
Thanks
Anil