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Communted penstion recd. by wife

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 June 2013 Wife has been recd. communted pention of future 10year of husband after the dealth and the husband was govt. employee. the said amount recd. after deduction of tds.

is it taxable or not if yes then in which head

kindly explain the whole process
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CA Kapil Verma

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CA Kapil Verma (Expert)
21 June 2013 yes pension is taxable and will be shown in head income form other sources.

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