Single premium market policy surrnder
This query is : Resolved
04 November 2017
I HAVE INVESTED 100000/- IN MARKET LINKED SINGLE PREMIUM POLICY WITH LIC 3YRS COMPLETE AND NOW I HAVE SURRENDER THE SAME BEFORE MATURITY AND RECVD 160000/- AND TDS MADE U/S 194DA.
WHETHER I HAVE TO INCLUDE IN MY TOTAL INCOME THE AMT REVCD FROM LIC 160000/- OR 60000/- PL EXPLAIN
WHETHER I HAVE TO INCLUDE IN MY TOTAL INCOME THE AMT REVCD FROM LIC 160000/- OR 60000/- PL EXPLAIN
04 November 2017
Literally Rs. 1,60,000/- has to be offered as income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Copyright software
- SFT Cash Deposit in Current Account
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- When TDS on GST applied
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
