Section A (1 Mark)The legal heir of the deceased who receives family pension is allowed...

Vendor: AAFM
Product: CWM_LEVEL_2
Update on: Feb 7, 2026
Questions: 1259

AAFM CWM_LEVEL_2 Question Answer

Section A (1 Mark)

The legal heir of the deceased who receives family pension is allowed a standard deduction from such family pension received to the extent of:

1/3rd of such pension subject to maximum of Rs. 20,000

1/3rd of such pension or Rs. 15,000 whichever is less

1/3rd of such pension or Rs. 12,000 whichever is less

1/3rd of such pension or Rs. 12,500 whichever is less

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