Widow tax exemption on salary behalf of her deceased husband?

Widow tax exemption on salary behalf of her deceased husband?

My father expired at the age of 51 years, Since he was Haryana govt. employee , so upto retirement age of 58 years i.e. for  next 7 years my mother gets his complete salary ,  then she will get the pension in her whole life. Please let me know in this case (widow case) whether the salary or pension is exempted from tax ? If so then how much exemption she is eligible to have , and how return should be filled in order to avail the exemption ?

Asked 7 years ago in Income Tax

Family Pension is taxable as income form other sources and there is exemption u/s 57(iia) of Rs. 15000/- (Family Pension or 15000/- which ever is lower).

Mohit Agarwal

CA, Agra

37 Answers

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Talk to Mohit Agarwal

Hi Mohit,
Thank you for prompt reply.
Since my father died during active services in Haryana Govt. (Board of School Education, Haryana) before retirement age ie at the age of 51, on this behalf my mother is getting exactly the same salary as my father had. I don't think it is the case of family pension. I would like to know in this case , how much tax exemption can be availed ?

Pension is somewhere i think nearly half of the amount of early salary , pension will come after 7 years ie (when my father will be at 58 if he alives). Is this one is the case of family pension ? Please also confirm in this case as you said Rs 15000 would not be taxable over financial year ie (tax rebate over the year : 10% slab = Rs 1500 , 20% slab = Rs 3000 etc) ??

Please clarify both the above cases in terms of tax exemption.

Asked 7 years ago

Hi,

According to section 57(iia) one-third of the family pension, subject to the maximum of Rs. 15,000 will be exempt. This limit is for every financial year in which the pension is received. The pension over and above this limit will be taxable at the applicable slab rates. You can claim 80C deductions and reduce your taxable income further and save tax, if necessary.

Regards,

Keerthiga Padmanabhan

M.Com., CA, LLB