16 May 2008
sir ,Till date I havent filed any return but I have PAN card .In this i have got LIC claim amount on the policy of my father
I m a CA student & getting a stipend of Rs.4000pm also. 1. please tell me at what time i am required to file return regarding this amount(lic claim)? 2.if i file return ,am i required to file return every year? and 3.is this return goin to create any trouble for me ?
22 May 2008
1)What is the claim amt that u have recd 2)The claim amt u have recd is treated as capital income and u need not file return for this income
CAclubindia
