Standard deduction does not apply to family pensioners because family pension is taxed under other sources, not salary. Applicability of the standard deduction is confined to incomes chargeable under the head Salary; family pension is taxed under the head Income from Other Sources and therefore the statutory standard deduction does not apply to family pensioners.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Standard deduction does not apply to family pensioners because family pension is taxed under other sources, not salary.
Applicability of the standard deduction is confined to incomes chargeable under the head Salary; family pension is taxed under the head Income from Other Sources and therefore the statutory standard deduction does not apply to family pensioners.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.