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Tax implication for partial withdrawl from lic

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 June 2016 please tell me the tax implication for the partial withdrawls from LIC before the maturity.

Whether it is taxable or not? Please provide the related info in detail.



15 June 2016 Its an exempt income u/s 10(10D) even if premature withdrawal is made.



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