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Compensation received by legal heir on death of employee

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(Querist)
21 November 2017 After death of my husband i have offered employment, instead of employment i decided to take monitory compensation of amount 700000/-. is it taxable, do i need to pay TDS ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 November 2017 Not taxable no need of TDS.
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balu

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balu (Querist)
22 November 2017 Dear CA R SEETHARAMAN Sir,
Please provide me under which section it is exempted
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 November 2017 Monthly payment is taxable lumpsum compensation is capital receipt not taxable.

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