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Bonus from LIC

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18 July 2010 Dear Experts,
I want to know that is the bonus amt received from LIC before the maturity (in case of money back policy) or after the maturity is taxable or not?

18 July 2010 Fully exempted from tax u/s 10(10D) of the Income Tax Act, 1961.


18 July 2010 The bonus is fully exempted from tax u/s 10(10D)







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