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In itr-2 where to show superannuation monthly annuity

ITR Filing 1490 views 4 replies

Dear  Experts,

I receive a monthly  annuity from LIC  based on superannuation fund invested by my employer in LIC.  

For ITR-2, is this annuity pension amount to be shown under Salary and can I take  a standard deduction of Rs 50000/-.  

 

 

regards,

 

Milind Karoor 

Replies (4)
In other sources.

Thank You madam.

May I draw your attention to a news article, which sats that the annuity purchased by my employer can be shown under salaries.


please view the 2 links mentioned in attached document and revert with your advice.

In my opinion, this annuity pension will be taxable under the head salary and a standard deduction of Rs. 50,000 will be available. 

 

I think annuities are taken in salary....and standard deduction available
annuities are treated as salary....i suppose


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