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Pension From LIC

Tax queries 46174 views 20 replies

any pension received from LIC is an exempt

It is U/s 10(23AAB)

thanx.

 

yes tts fully taxble

 it will be taxable once direct tax code comes ... becaus this invests work on"eee" concept...and dtc is on "eet" concept

pension received under scheme mentioned in sec 80 ccc is taxable if it is claimed as deduction



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