Pension Vs family pension taxation
Vijayalakshmi Tummapudi (13 Points)
07 January 2022if a person gets both pension and family pension, how to report in ITR?
Vijayalakshmi Tummapudi (13 Points)
07 January 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171571 Points)
Replied 07 January 2022
Yes, the differentiation is as per IT act.
Person getting both the pensions will also report it under different heads.
anil jain
(Partner)
(1072 Points)
Replied 07 January 2022
Pension is taxed under salary head.
when pension is recd by pensioner it is salary income.
when pension is recd by his/her family member (dependent(s) after his/her death, it is family pension and it is income from other sources and not salary for the receiver.
Hope, logic is clear.
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