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Any family receiving ex-gratia amount on account of death of a family- member due to Covid 19 from his employer or other person will be able to claim exemption only if the death was within a period of six months from his testing positive. Read the official notification below: MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th August, 2022 S.O. 3705(E). In exercise of the powers conferred by clause (XIII) of the first proviso to
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
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3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
The primary condition is that the death of the individual must occur within six months from the date they tested positive for COVID-19 or were clinically determined to have the disease.
You need to keep records of the individual's COVID-19 positive test report or a medical report confirming the diagnosis, along with a medical report or death certificate stating that the death was related to COVID-19.
This notification is deemed to have come into force from April 1, 2020, and applies to assessment year 2020-2021 and subsequent assessment years.
The details of the amount received must be furnished in Form A to the Assessing Officer within nine months from the end of the financial year in which it was received, or by December 31, 2022, whichever is later.
The ex-gratia payment can be received by a family member of the deceased individual from their employer or any other person.
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