Is Commuted Family pension recieved by the wife of a deceased Govt. Employee Exempt under sec10(10a) Or Not? If not can it be claimed as a exemption under other relevant section?
3 Replies
CA Pooja Sharma
(Chartered Accountant)
(192 Points)
Replied 30 June 2014
Commuted Family Pension received by legal heirs is not taxable in view of CBDT circular referred below:
kaushik sreekumar
(student)
(34 Points)
Replied 01 July 2014
| Originally posted by : POOJA SHARMA | ||
 |
Commuted Family Pension received by legal heirs is not taxable in view of CBDT circular referred below: https://www.incometaxindiapr.gov.in/incometaxindiacr/contents/CBDTFiles/Circulars/CBDTLaws/HTMLFiles/sec4_573_90.htm |
 |
In my opinion Family Pension cant be considered as a gratuitous payment nor as a compensation. So will the above circular will be still valid for the case i presented?
CA Pooja Sharma
(Chartered Accountant)
(192 Points)
Replied 01 July 2014
I think it should be applied as the cicular states that any payment gratiously or by way of compensation or otherwise.
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