17 June 2013
As per provisions It is taxable in the hands of recipients under section 56 under the head “income from other sources”. Standard deduction is available under section 57 which is 1/3 of such pension or Rs. 15000, whichever is lower.
17 June 2013
Family pension received by any family members, so family members includes spouse. so it is allowed as experts advice, there no genderwise different applicability in the section even though it mentioned in the section as "his"
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