Particulars of income received by Anuradha for the year ended 31st March, 2024 are as follows: S. No. Particulars Amount (₹) (i) Amount received from LIC as a death benefit of her husband's insurance policy 6,25,000 (ii)

Computation of Income from Other Sources of Anuradha for the A.Y. 2024-25 Particulars Amount (₹) Amount received from LIC as a death benefit of her husband's insurance policy {Exempt u/s 10(10D)} Nil Winning from Horse race (gross) 70,000 Winning from online lotteries (₹1,05,000/70 X 100) 1,50,000 Diamond Jewellery received as Gift from her father's sister (Father's sister is relative hence gift from relative is exempt) Nil Family Pension Received (₹3,000 x 12) ₹36,000 Less: Exempt u/s 57 (iia) (W.N. 1) ₹(12,000) (1/3 of pension or ₹15,000 whichever is lower) 24,000 Rent received from Sub-letting of house property ₹2,40,000 Less: Rent paid for half portion ₹(1,80,000) (₹30,000 * 12 * ½) 60,000 Income from other sources 3,04,000 Working Note 1: As per latest amendment by Finance Act, 2023 Standard Deduction on family pension under the new tax regime is allowed subject to ₹15,000 or 1/3rd of the pension amount, whichever is lower.