Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning Income-tax
Assertion (A): Family pension is not taxable.
Reason (R): The person who receives the family pension was not an employee but dependent of the employee.
Codes:
1
Both (A) and (R) are correct
2
(A) is correct and (R) is incorrect
3
Both (A) and (R) are incorrect
4
(A) is incorrect and (R) is correct