TAX ON PENSION OF DECEASED SPOUSE.
sameer joshi (Article Assistant) (108 Points)
08 May 2018sameer joshi (Article Assistant) (108 Points)
08 May 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185261 Points)
Replied 08 May 2018
Family pension is assessed u/h IFOS
While pension received by employee and any of its arrears are assessed u/h 'salary'
Standard deduction of Rs.40000/- is deductible from AY 2019-20.
sameer joshi
(Article Assistant)
(108 Points)
Replied 08 May 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185261 Points)
Replied 08 May 2018
Verify....... It should be pension only and not family pension of decease spouse.
As per form 26AS, if TDS deducted is under sec 192........... revise ITR as salary income, as suggested.
If it is family pension, get it rectified at the deductor's end, for any future clarity.
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