Dear Sir, can u please quote the circular number.
Thanks
Jaswinder Pachwal
(2 Points)
Replied 09 October 2019
Dear Sir, can u please quote the circular number.
Thanks
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 09 October 2019
1. Disability pension received by family members will be treated as family pension and not as a disability pension and it will be taxable under the head "Income from Other Sources"
2. The main reason for calling such pension as a disability pension is because of the person who is in receipt of the same. However, if the same is received by a family member who is not disabled then it will be treated as a family pension.
3. Deductions to the lower of Rs.15,000 or 33.33 % of the family pension received will be available u/s 57(iia).
Please correct me if the above solution has an alternative view.
anonymous india
(2 Points)
Replied 27 July 2023
My father died during duty due to running and he got cardic arrest ' is my mother income form pension taxable?