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lic received at maturity

Sachin Gehalot (11 Points)

23 July 2018

if lic receive at maturity
what is treatment

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4 Replies

rama krishnan (12234 Points)
Replied 23 July 2018

exempted subject to certain conditions....

Sachin Gehalot (11 Points)
Replied 23 July 2018

it means show sec 10 exemption
and what is conditions

rama krishnan (12234 Points)
Replied 23 July 2018

what is your annual premium paid and sum assured

sk rizwan (student) (37 Points)
Replied 23 July 2018

if the annual premium is less than 20% of sum assured it is exempt under section 10(10D)

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