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Family pension

This query is : Resolved 
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(Querist)
16 October 2011 Hi,
I have a client who is receiving Pension of his deceased wife. I am confused regarding it's taxability. Is this is what we call family pension as there is no direct employer employee relatioship ? Can he claim 33.3% of pension amount or Rs. 15000 whichever is lower as exemption or This amount is fully taxable under IFOS ?
Kindly help.
Thanks
Regards
CA Kamaldeep Singh.
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Yash Anandkumar Mandavia

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Yash Anandkumar Mandavia (Expert)
16 October 2011 Dear Kamaldeep,
You are moving in quite the correct direction. The Family pension received by you of your deceased wife is taxable in your hands under IFOS. U can claim the above mentioned deduction
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Abhishek Ranjan Singh

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Abhishek Ranjan Singh (Expert)
16 October 2011 You Can Claim deduction U/S 57
33.3% of pension amount or Rs. 15000 whichever is lower




Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615
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Kamaldeep Singh

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Kamaldeep Singh (Querist)
17 October 2011 OK...THANKYOU SO MUCH BOTH OF YOU....:)
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