What amount of family pension is taxable under Income from other sources? Tax Expert 1 Updated July 10, 2016 20:19 Follow You can complete filing your Income-tax return in just 15 minutes using the website or the mobile app: Click to Start on myITreturn.com Download App and complete your return Family pension is taxable after allowing a deduction of 33.33% or Rs 15,000, whichever is lower. Not filed yet? File your Income-tax return with myITreturn.com 3 reasons to file with myITreturn: Registered with the Income-tax Department Accurate and Simple Over 24 lakh users Start your tax return or if you have a simple tax return, you can download our mobile app and file your Income-tax return Download app Related articles Is family pension received is taxable? Comments 0 comments Please sign in to leave a comment.