Desesed family income tax filing

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..... Desesed family income tax filing
Query (Issue) Started By: - Vinod Nayaj Dated:- 15-4-2017 Last Reply Date:- 17-4-2017 Income Tax
Got 4 Replies
Income Tax
Wether wife has to pay the incom .....

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..... e tax on the composition received on death of her husband like PF,Gratuty. Thank you Reply By MARIAPPAN GOVINDARAJAN: The Reply: If the compensation received is exempted no tax is liable to be paid .....

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..... . If it is not exempted tax is liable to be paid. Income tax return is to be filed if the amount received is more than ₹ 2,50,000/- Reply By KASTURI SETHI: The Reply: Though I am not expert in .....

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..... Income Tax Act, I am of the view that PF and amount of gratuity both are exempt from Income Tax in this situation also. Reply By MADAN RAHEJA: The Reply: Sh. Sethi ji is absolutely correct. Section .....

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..... 10(10)(iii) and Section 10(11) of Income Tax Act, dealing with incomes not includible in total income, may be referred in this regard. Reply By Ganeshan Kalyani: The Reply: I too of the same view a .....

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..... s expressed by Sri Kasturi Sir. Section 10 of the Income Tax Act, deals with exempted income.
Discussion Forum - Knowledge Sharing .....

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