NPS Monthly pension

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Hello experts,

The monthly annuity received under NPS are taxable under which head- Salary or IFOS?
Replies (5)

Income From Other Sources...      

Salaries
Income from Other Sources , however if amount is material enough, you can also declare it under Income from Salaries.
@ Ca Rashmi Gandhi mam, even if it is received from bank, can we show it under salary?
Yes you can show it.


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