Taxation_of_monthly_state_allowance_to_dependent_of_ff, w.b.

D ROY (Querist) 16 July 2023 This query is : Resolved
My mother aged more than 80 years is receiving monthly state allowance from Govt. of West Bengal , as a widow of Freedom Fighter (under SSS pension scheme). She has no other income except interest and central freedom fighter pension (SSS pension scheme). Whether monthly state allowance from WEST BENGAL GOVT. is taxable or not. If tax rebate is applicable , then mention please "Under Section".

Follow Query

Report Abuse

Quick Summary

This discussion concerns whether a monthly state allowance received by an elderly widow of a freedom fighter from the West Bengal government is taxable. The allowance is part of the SSS pension scheme. While the pension itself isn't deductible, it may become taxable when combined with other income like interest and a central freedom fighter pension if the total exceeds the tax-free threshold. It is recommended to consult a local Chartered Accountant for definitive advice.

kavksatyanarayana (Expert) 17 July 2023
Who is a freedom fighter either your mother or father? Any income exceeds the tax payable income, such person shall pay the tax and no concession is there. However, consult a local CA or CS or post this in caclubindia.com.

T. Kalaiselvan, Advocate (Expert) 17 July 2023
The pension amount is not tax deductible but when it is put together with other income then if it crosses the threshold and becomes taxable along with other income clubbed together, then she may have to pay the income tax as applicable.

Dr. J C Vashista (Expert) 18 July 2023
Incomplete and vague information.
Consult a local Chartered Accountant with relevant records.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries