Section 80 ccc(1)
This query is : Resolved
10 July 2012
I have invested in ICICI's 'LIFETIME SUPER PENSION' plan 3 yrs back which is eligible for deduction U/s 80 CCC(1). I have also claimed deduction while filing return of income. Now i have received a lumpsum amount from ICICI. Now my query is whether all amount received is taxable or only the difference of amount paid & amount received is taxable?
CA Hardik Bunha
(Expert)
10 July 2012
taxable amount will be difference between amount received and amount paid.
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