Family pension related deduction in Icome Tax Act 1961

[Abishek M]

deduction with respect to family pension in Income Tax amounts to Rs. 15000/25000 per month or is it per annum ??

Please clarify 

[Rajan Kumar and associates]

Per Annum.

AI Summary

Family pension deduction under income tax is applied on an annual basis rather than monthly, clarifying tax treatment. Clarification that family pension deduction is treated on an annual basis: the advisory confirms that the stated family pension deduction amounts are per annum, and that tax computation and claiming of the family pension deduction follow annual assessment periods rather than a monthly deduction approach.