Is the refund taxable
This query is : Resolved
27 March 2009
An investment was made in Senior Citizen Unit Plan on 1st april 1997 and then on 31 march 2005. Now that Policy has been reedemed and the total amount has been returned via cheque so is this refunded amount taxable
27 March 2009
If in 1997 it was taxable, then no tax...... else it will be taxable
27 March 2009
Can u further clarify the nature of investment plan.
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