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Income Tax Matters

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(Querist)
16 January 2009 What will be taxability of Superannuation and pention fund that will be receiving in the hand of legal heir, according to will, after death of beneficiary(employee)
Will that be taxable in the hand of receiver.

Thanks
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K V Subba Rao

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K V Subba Rao (Expert)
17 January 2009 Exempt u/s 10(13)

Please refer Para 18 of 29th edition of Singhania's Ready Reckoner

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