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Interest from Super Annuition Fund

Others 154 views 1 replies

I was employed in Tata Projects. I resigned before my scheduled retirement. On resignation, I commuted one third of the Super Annution Fund corpus (in LIC) that the company had contributed over the years as annual contribution. I have not worked in any other company since then. I now receive interest from LIC aginst the SU fund (balance two third of the corpus).

Q.1. Should this interest income be a part of Salary or where else

Q.2. If it is to be declared as a part of salary, then what will be my employers name? Will it be Tata Projects where I am not working now or will it be LIC though it is not my employer?

Q.3. Is this interest income taxabale?

Replies (1)
1. No it is interest income. 2. Under IF Other Source. 3. Yes.


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