dear sir,i want to know that any amount received on maturity of accident claim is taxable or not after a policy holder is died & claim is pass & can i claim amount of tds deducted on that amount ?
1 Replies
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3469 Points)
Replied 08 December 2011
Are you asking about LIC maturity claims. This is tax exempt.
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