ICICI Pru Signature Withdrawal Section 10(10D)

Yes, if aggregate income including the exempt income crosses the thrashold limit, better to file nil return to avoid any future queries from ITD.

Thank you for your prompt reply. I've no income since last 5-6 years and due to that I'd not filed ITR, just wanted to see if I file ITR now after 5-6 with 0 income, would it not cause issue from ITD for the last 5-6 years of no filing even had 0 income? Also just wanted to check, is there any place in the ITR where we can disclose policy withdrawal amount and then mention whole amount as Sec 10(10D) to make it 0 income again or its just file 0 income ITR & no place to mention policy withdrawal amount on ITR?

Appreciate your input on this in advance.

Always advisable to file ITR may be with nil tax liability.

No problem would arise if you file return for current FY, even when you had not filed return earlier.

You can declare the maturity proceeds in Schedule 'Exempt Income' in ITR [sub sec. 10(10D)].

Good Luck.

Thank you so much for your help. Much appreciated.

You are welcome.