CHIE MANAGER (F&A)
28 Points
Joined July 2016
Thank you. However, the TDS deducted by LIC from annuity and the Form 16 issued by LIC shows TDS deduction under Section 192 and the form 16 shows the name of employer as LIC. The income tax act also says that salary includes annuity and pension. Does it mean that annuity income received from LIC is to be shown as part of salary and employer details to be shown as LIC under salary income schedule of ITR2?