LIC PENSION SCHEME

This query is : Resolved 

23 January 2009 Is income from LIC Pension scheme is exempt from Tax if yes In Which Sction?

23 January 2009 It is excempted u/s 80c

23 January 2009 I am afraid, it is taxable. Please visit http://www.outlookmoney.com/scripts/TAX003C1.asp?type=Rebates&lst_rebates=LIC%20premium

23 January 2009 I feel Mr.Rao's answer is correct.


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