Income u/s. 44ad

Is the maturity proceeds received from L.I.C. is more than Rs. 5,000?
.
If yes, then the assessee is not eligible to use ITR-4S because as per Rule 12(1)(ca) of the Income-tax Rules, 1962, ".....Form SUGAM (ITR-4S) shall not apply to a person who has income not chargeable to tax, exceeding five thousand rupees."
 

DEAR ASHISH 

DO CHECK FOR THE QUANTUM OF EXEMPT INCOME IF IT IS MORE THAN RS.5000 THE RETURN NEED TO BE FURNISHED IN THE FORM ITR-4

THANK YOU