Income received from lic
This query is : Resolved
14 July 2016
Dear Sir,
Income received from LIC and TDS u/s 194DA is deducted. Is the income receive taxable? or which is the taxable portion of the income?
Income received from LIC and TDS u/s 194DA is deducted. Is the income receive taxable? or which is the taxable portion of the income?
16 July 2016
the amount received from insurance policy shall be taxable other than the amount mentioned and conditions specified in section 10(10D) of the Act.
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