Lic pension - where to enter in itr1?

ITR 893 views 5 replies

Dear Sir,

I am retired. I get a small pension amount from LIC which does not appear in form 26AS (less than 10000 per annum), other than this I only have income from bank interest and LTCG from equities for FY 17-18. My question is where should i enter this LIC pension in ITR1 (under salary/pension or income from other sources ?) Is it OK if I submit ITR1 or do I need to use some other ITR form.

Thanks very much for your expert advice.

Neel

Replies (5)

ITR 1 is suitable.

Pension income  comes under 'Salary/Pension' income......

Thanks for your advice Sir

Dear Sir

My mother received pension from Treasury UP Government, Etawah [UP].

My father was retired from Govt Inter College, Etawah, so after his death my mother supposed to get pension, Now she is 82 and for her to travel from Ludhiana /Chandigarh to Treasury UP, Etawah is very very difficult due to pain in knee and aged issue. We have submitted many time application to send pension in Punjab but officers refused to do so. Pension comes to SBI, Etawah Main Branch.

What is your suggestion in this matter, please advise by return email.

Rajeev Maheshwari [Son] /Pvt Job in Mohali Area

 

Why you need to travel to Etawah to withdraw pension from SBI branch?  After Pension gets credited to SBI Etawah, you can get it transferred to any local bank branch in Punjab....

You can even transact online with SBI Etawah branch.....

Technically, the states are different and pension of UP Government, may not be easily transferred to Punjab ......

you can't migrate pension from UP treasury to Punjab treasury office. but instead activate netbanking and after that transfer it to your desired bank account


CCI Pro

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