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Tax benefit available only if death certificate mentions Covid, say experts

For exemption on Covid-19 payments, file revised return for FY 2021-22, updated return for earlier years

Topics
Coronavirus | tax exemption | income tax returns

Bindisha Sarang 



Tax benefit available only if death certificate mentions Covid, say experts

Now, family members of Covid-19 victims who received an ex-gratia payment from the deceased’s employer, or financial assistance from relatives, need to submit a form and provide specific evidence to get exemptions. According to amendments made to the Finance Act, 2022, such ex-gratia payment from the employer will not be treated as a perquisite under the Income- (I-T) Act, 1961.

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First Published: Wed, August 10 2022. 22:06 IST

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