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Sir, My mother has got a sum of money about 5 lacs in the
form of pension arrears. Will she have to pay the income
tax on this amount which is deposited in her bank account &
if it is then please suggest me to save the tax at maximum
possible.
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Answer Posted / rupesh kumar
it is taxable relevant financial year but she can claime
for exemption U/S 89(1)
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