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Ulip

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 August 2011 I had paid ULIP for 3 years now i withdrawn what is tax liability under income tax
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Tushar Desai

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Tushar Desai (Expert)
26 August 2011 it depends on which funds you were into.
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U S Sharma

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U S Sharma (Expert)
26 August 2011 it would be taxable in the year of withdrawl as 80C is not avaialble for withdrawl before completion of 5 years.
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