TMI BlogDesesed family income tax filingX X X X Extracts X X X X X X X X Extracts X X X X ..... Wether wife has to pay the income 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... exempted no tax is liable to be paid. 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 SETH ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - The Reply = Though I am not expert in 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... = Sh. Sethi ji is absolutely correct. Section 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 B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Ganeshan Kalyani - The Reply = I too of the same view as expressed by Sri Kasturi Sir. Section 10 of the Income Tax Act , deals with exempted income. - Desesed family income tax filing - Quer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Started By: - Vinod Nayaj Dated:- 15-4-2017 Income Tax - Got 4 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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