18 December 2015
Dear Sir, a widow rec. revised pension of F.Y 2012-13,2013-14,2014-15 in F.Y 2014-15 of Amount Rs. 8,00,000/- and TDS is deducted on this amount. I have year wise amount of pension. what is tax treatment of this pension. ???????
18 December 2015
the income from pension is taxable under the head "income from other sources". and Rs. 15000 or 1/3rd of pension received during the year will be exempt.
CAclubindia
