22 July 2009
Hello, can any body plz tell me the provisions relating to the taxability of amount received as family pension by a widow of govt. employee?
22 July 2009
Family pension,in the given case, is taxable under the head 'income from other sources'. But a deduction can be claimed against that which is 33.33% or Rs.15,000/- whichever is less.
23 July 2009
Thank you sir for your valuable opinion. Sir,whether a relief can be claimed u/s 89 of the said act in respect of family pension if the amount received is in the nature of arrears of past more than 1 previous years?