RAHUL RAJU (127 Points)
30 December 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6413 Points)
Replied 30 December 2021
Section 80CCC of the Income Tax Act of 1961 provides deductions of up to Rs. 1.5 lakhs per annum for contributions made by an individual towards specified pension funds that are offered by a life insurance. The deduction is within the limit of section 80C.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183048 Points)
Replied 30 December 2021
Uncommuted pension received regularly is taxable.
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies
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