IndigoLearn

Other sources

what is the reason for the anwer being 'nil'? 1) not coming under the meaning of family pension or something else?

Attachments

Screenshot_20201101-171232_1FIN by IndigoLearn.jpg


Kumar Sarthak

Kumar Sarthak

CA Inter

9K+

01-Nov-20 17:16

15

Answers (2)

Lump sum payment made gratuitously Or by way of compensation or otherwise, to the widow or other legal heirs of an employee, who dies while still in active service, is not taxable as income under the income tax act, 1961(CBDT circular no 573 dated 21/8/1990)


anil vagvala

anil vagvala

CA Inter

710

01-Nov-20 19:57