plz tell me answer of below mention questions.
1. Received money back from LIC every 5 years. so tell me these are taxable.
2. RD & SIP is included in u/s 80C.
Menu
Income tax querries
Replies (1)
1)Refund will not be taxable
2)In my opinion RD is not included u/s 80c...
SIP i.r.t tax fund is eligible for deduction u/s 80c
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
