Lapsed Life Insurance Policy

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I have come across a situation where TDS has been deducted u/s 194DA( Maturity proceeds from life insurance), but the issue is that the premium was paid only once and the policy had lapsed. The policy was taken after 1/4/2012.

The receipt shown under 26AS is less than the premium paid. Should the amount be entered while filing Income Tax Return and if so, where?

Any help will be appreciated.

Replies (2)

Yes, under IFOS.      

Yes it will be shown

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