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Annuity from LIC under jeevan suraksha plan salary or income from other sources

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02 August 2023 Dear sir

Can anyone advise if LIC jeevan suraksha pension plan under which monthly pension till death is given. I understand that it is taxable (pls correct if it is nontaxable) but can it be shown under salary where standard deduction is applicable or under income from other sources. Thanks

02 August 2023 The annuity received periodically from the pension fund is taxable under head income from other sources.



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