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Exempt Income

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(Querist)
30 July 2009 Resp. Sir,
Whether pension income is taxable to freedom fighter's spouse when he or she(i.e freedom fighter) died during the war.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
30 July 2009 U/s 10(17A), pension given to freedom fighters under Swatantrata Sainik Samman(Honour to Freedom Fighters) Pension Scheme, 1980, is tax-free. The pension passed on to the spouse (widow or widower) is also tax-free.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
30 July 2009 agree
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