I reproduce my request to LIC and its response.
I learn that this haphazard payment of 20% (of what?) interim relief has been made only to members of the Federation of LIC Class I Officers' Associations and so request your invaluable help in getting LIC furnish me with detailed calculations, apportioning the amount of Rs.29638/= to the respective financial years to enable me to satisfy myself that I have, indeed, received what I shpuld have received and to get appropriate relief under Section 89 of the Income Tax Act, 1961.
Thanks and regards.
Keep well.
S R No.510396 ; Pension File No.770100195, Chennai D O I of L I C of India.
Telephone Nos. : 2472 3491 ; 94449 80563.
From P. Ramanathan on 20/11/2015.
To The Manager (EOS) of Chennai D O I of L I C of India :
Reminder to my mail dated 13/11/2015 and the Post Catd that followed it up.
I received the day before yesterday, Wed., November 11, 2015, the following communication from you and thank you for it :
"LIFE INSURANCE CORPORATION OF INDIA
CHENNAI DIVISION I
V FLOOR, LIC BUILDING, CHENNAI - 600 002
PH ; 28610323 / 28610334 / 28616166
REF ./OS PENSION CELL 06/11/15
To
Shri / Smt. Ramanathan P
Suprashanth
Old No.2/4 New No.7, Dr Gopala Menon Road, Kodambakkam, Your Pension ID No.
CHENNAI 600 024 770100195
Dear Sir / Madam,
Re. :Civil Appeal No.9223 of 2013 in the Supreme Court of India.
=========================================
We are pleased to inform you that, as per instructions of our Central Office ER dept. vide their payment advice dated 11/09/2015, you had been paid Rs.29638, being the adhoc relief to pre-1997 retirees vide interim order dtd 07/05/2015 of the Supreme Court in civil appeal no.9223 and the above payment shall form part of your earnings and shall qualify for income tax review for the financial year 2015-16.
Thanking you,
Always at your service,
xxx xxx xxx
Manager ( EOS )
NOTE : The amount mentioned above may vary if there is any miscellaneous deduction or Income tax deduction."
I request you to kindly send me the detailed calculations for the amount of Rs.29638/- credited to my Bank account so that I may be in a position to verify whether the said amount has been correctly calculated as per the Supreme Court Order dt 7/5/2015.
Kindly note that in the absence of the supporting calculations for the above payment made to me the Corporation is deemed not to have complied with the interim order dated 07/05/2015 of the Hon'ble Supreme Court.
Kindly also furnish the break-up of the above amount apportioning it to the respective financial years to which it pertains so that I can avail myself of the benefits of Income Tax under Sec 89(1) of the Income Tax Act 1961.
I reproduce Sec 89(1) of the Income Tax act 1961 below for your ready reference
Please treat this matter as urgent.
Thanking you,
Yours faithfully,
P. Ramanathan
S R No. : 510396 ; Pension File ID No. : 770100195
Telephone numbers : Land line : (044) 2472 3491 ; Mobile : 94449 80563.
Cc to The Executive Director(Personnel),LIC of India,Central Office,Mumbai
for kind necessary URGENT action in the matter.
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"The purpose of Section 89 of the Income Tax Act, 1961, is to GIVE RELIEF TO THE TAXPAYER from paying tax in excess of what he ought to have paid had he received the arrears in the respective finacial years.
