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Receipts of pension from LIC pension fund

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8 Points Posted on 10 August 2021
how to treat with annual pension receiving from LIC Pension scheme while filing ITR under salary (Pension from state Govt.) head. In which section or income head it should be placed.
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On 10 August 2021 at 13:21 Report
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tax consultant
3306 Points Posted on 10 August 2021
Depends upon the deductions claimed during employment.

generally it must be a treated as taxable income under head IFOS
9 Reply
On 10 August 2021 at 13:33
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Chartered Accountant
24588 Points Posted on 10 August 2021
Show it under other sources
129 Reply
On 10 August 2021 at 14:09
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8 Points Posted on 10 August 2021
In other words it is taxable under ifos
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On 10 August 2021 at 14:24


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