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Monthly NPS annuity

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Student
141 Points Posted on 19 August 2022
Dear experts,

I want to ask that my uncle is receiving monthly NPS income from the bank, so under which head this income is taxable - Salary or IFOS?
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On 19 August 2022 at 15:46 Report
Replies (8)
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SEO Sai Gr. Hosp.
211715 Points Posted on 19 August 2022

Monthly annuity from NPS is assessed u/h. IFOS.

2 Reply
On 19 August 2022 at 18:03
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Chartered Accountant
86505 Points Posted on 19 August 2022
You can show it in other sources, but in recent case law annuity also declared under head salary.
2 Reply
On 19 August 2022 at 20:42
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Student
141 Points Posted on 20 August 2022
@ CA Rashmi Gandhi mam, can you please name the case law?
1 Reply
On 20 August 2022 at 10:01
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754 Points Posted on 21 August 2022
A resounding yes! If your employer is contributing to your NPS account you can claim deduction under section 80CCD(2). There is no monetary ...
1 Reply
On 21 August 2022 at 07:00
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Chartered Accountant
86505 Points Posted on 21 August 2022
Here querist ask for Income from NPS
1 Reply
On 21 August 2022 at 07:19
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Student
141 Points Posted on 21 August 2022
Thank you Dhirajlal Rambhia and CA Rashmi Gandhi
1 Reply
On 21 August 2022 at 11:41
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Profession Business
28207 Points Posted on 21 August 2022
Monthly nps annuity
1 Reply
On 21 August 2022 at 11:49
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Chartered Accountant
86505 Points Posted on 22 August 2022
Welcome Dear
1 Reply
On 22 August 2022 at 04:56


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