Easy Office

Lic

This query is : Resolved 
Profile Image

Profile Image

(Querist)
29 June 2016 is LIC maturity amount taxable??? if policy is taken before 1/4/2003
Profile Image

Rupesh Jain

Profile Image

Rupesh Jain (Expert)
29 June 2016 no its not taxable, its change for tds as per section 194DA if your amount recd is exceds Rs 1 lacs then 1% tds will be deducted.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links