sum received from lic


This query is : Resolved 

16 November 2009 i get rs 10000 from lic
its taxable or not
if it is exempt so it should be show in return or not

16 November 2009 Exempted. Pl see section 10(10D) of the Income tax Act,1961 for details. Exempted income also should be disclosed in the income tax return.

16 November 2009 Agree


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