Taxing of pic pension plus policy


This query is : Resolved 

Quick Summary
This discussion clarifies the tax treatment of LIC Pension Plus maturity proceeds. It confirms that these proceeds can be declared under Schedule EI, indicating they are likely eligible for tax exemption under Section 10(1D) of the Income Tax Act. The response suggests declaring the proceeds under this schedule to claim the benefit.

15 August 2023 does lic pension plus proceeds comes under section 10 10(d) of income tax act.
And if so

conditions for claiming lic pension plus maturity proceeds under section 10 10 d

15 August 2023 Yes, Declare it under Schedule EI.

10 September 2024 Good Luck.


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