Maturity value of lic
This query is : Resolved
Ashok Mittal
(Querist)
08 July 2017
I have taken a LIC policy in 2001 and now it's matured and got money so please suggest how to show it in ITR and balance sheet
Ashok Mittal
(Querist)
08 July 2017
Is it's taxable or not
Dibin Divyakumar
(Expert)
08 July 2017
It's not taxable, but still show it in ITR and claim it as exempted income
Message likes :
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Ashok Mittal
(Querist)
08 July 2017
How to show interest on RD and FDR in ITR which is not matured
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