If a govt servant dies. After his death his wife gets the pension. My question is whether the pension income is a joint family income or her pesonal income?
If a govt servant dies. After his death his wife gets the pension. My question is whether the pension income is a joint family income or her pesonal income?
victim (master) 25 March 2013
personal
Tajobsindia (Senior Partner ) 25 March 2013
| Originally posted by : victim | ||
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personal |
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I disagree to above reply.
Pension received by employee's family is taxable under the head "Income from other sources" as per Income Tax Act in
if family is earning an income from say rent as well as widow is getting family pension too then same is taxable as per respective heads.
Only family pension received by a widow of a gallantry awardees is non - taxable.
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