Is standard deduction applicable on LIC annuity received from a superannuation fund under the head salary
Standard deduction on lic annuity received from a superannuation fund
Hemant Avasthi (sr. citizen) (11 Points)
25 June 2019Hemant Avasthi (sr. citizen) (11 Points)
25 June 2019Is standard deduction applicable on LIC annuity received from a superannuation fund under the head salary
Manish Rawat
(35 Points)
Replied 25 June 2019
Hemant Avasthi
(sr. citizen)
(11 Points)
Replied 26 June 2019
thanks
Economic times 21st June in reply to a query it was said that since superannuation fund is deposited by the employer in LIC for annuity pension it is also considered as pension from employer and hence under the head salaries.
anyway thanks for clarification
Manish Rawat
(35 Points)
Replied 26 June 2019