Remya Jacob ( CA Student) (313 Points)
15 July 2011Hello friends...
if an assessee retires from Govt service and after some time say, 6 months, he expires. His wife who is also a government employee is entitled to his pension apart from her salary..what is the tax consequence for the wife..?????
thanks in advance
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 15 July 2011
pension is always deemed salary, so taxable in hands of wife.
57(ii) benefits for 33 1/3 % or 15000 per annum (whichever is less) available under pension.
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