Interest on PPF ac and Maturity of LIC is taxable
This query is : Resolved
15 October 2020
Dear Sir,
1) A Individual person having PPF account, he received Interest on PPF Ac , the interest amount is taxable or not please clarity .... and
2) A Individual person Received LIC Maturity Amount is taxable or not ....and TDS Made by LIC Dept
please clarity
1) A Individual person having PPF account, he received Interest on PPF Ac , the interest amount is taxable or not please clarity .... and
2) A Individual person Received LIC Maturity Amount is taxable or not ....and TDS Made by LIC Dept
please clarity
15 October 2020
1) PPF interest is tax free.
2) Difference between maturity amount and sum assured is taxable.
2) Difference between maturity amount and sum assured is taxable.
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