Pension received by wife of deceased railway employee

This query is : Resolved

jagdish ahuja (Querist)
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23 March 2021 I am a widow of deceased railway employee receiving monthly pension of Rs. 18000 on his behalf as on date and also having interest income. How should my income be treated while filing income tax return?

Ganeshbabu K

Ganeshbabu K (Expert)
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23 March 2021 1)Yes, it is taxable under the head income from other sources subject to some exemption.
2)Exemption allowed : exempt to a certain extent. Rs 15,000 or 1/3rd of the pension received -whichever is less is exempt from tax , So you are exempted for Rs 15000 out of total pension received, and balance taxable
3)ADD interest income in other sources, Your income treated under income from other sources.