Annuity received taxable under income from salary head?
This query is : Resolved
24 July 2019
If taxpayer receives annuity monthly from Insurance plan of ICICI Prudential life insurance,is it taxable as income from salary or income from other sources?
Kindly guide as soon as possible.
Kindly guide as soon as possible.
24 July 2019
If the annuity is as a consequence to the superannuation scheme of employer
managed by ICICI Prudential Life Insurance, then, off er the same under the head
'income from salary' otherwise under 'IFOS'.
managed by ICICI Prudential Life Insurance, then, off er the same under the head
'income from salary' otherwise under 'IFOS'.
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