Investment in cash back policy

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accountant
321 Points Posted on 03 May 2011

HI

I have been invested Rs 12000/- per annum in cash back policy for 15 years and now the policy has matured and i got Rs 270000/-

How much will be my taxable income.

Pls reply

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On 03 May 2011 at 10:33 Report
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glidor@gmail.com
21068 Points Posted on 03 May 2011

receipt from LIC is tax free, 

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On 03 May 2011 at 11:50
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this will be trax free

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On 03 May 2011 at 12:08
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* * * * * *
1670 Points Posted on 03 May 2011

The same is tax free income

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On 03 May 2011 at 16:29

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