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Annuity receipts from LIC
where to incorpotate annuity from Lic along with pension from state Govt received in ITR 1
Replies (1)
1) un commuted pension, recived every month, is to be shown in salary
2) commuted pension, if any, is not taxable
3) if u commuted pension recived to legal hiers, after deceased reciver, should be shown as income from other source
2) commuted pension, if any, is not taxable
3) if u commuted pension recived to legal hiers, after deceased reciver, should be shown as income from other source
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