Lic amount before maturity date

Tax queries 278 views 1 replies

Please help me

If a person withdrawl or recieve the LIC policy amunt on srrender value before maturity date then whether he is eligible to take exemptoin in sec 10(10D) or it is taxable under income tax act 1961.

Replies (1)

No Exemption, Fully Taxable


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register