New pension scheme

Shall be taxable, as mentioned specificlly in the section.

But the section specifically says that if the person has claimed deduction ,then the proceeds are chargeable to tax.The proceeds are exempt if and only if it is invested in purchasing the annuity.I want to know what will be the consequences when deduction is not claimed by the person.

Yes but wat is the treatment if the deduction is not claimed by assessee on amount contributed in NPS scheme.

But section specifically says that it would be taxable on maturity only when deduction is claimed under section 80 CCD.So if deduction is not claimed how will it be taxable?  If you still say that it will be taxable please tell me the section which implies that if deduction not claimed then also the proceeds are taxable.

But in my case there is no scrutiny assessment raised..What is the treatment in case of normal circumstances?

no special treatment, you have only to proove after asking about it.

Okay Thanku so much..:))

Okay..Thanku so much:)