Lic jeevan dhara policy

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PROPRIETOR
43 Points Posted on 14 December 2011

I have purchased policy of LIC Jeevan Dhara

Policy No -- 144

I have paid a single premium.

Now i have received a surrender value / Maturity amount.

Whether it would be taxable or not??

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On 14 December 2011 at 13:28 Report
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Knowledge Seeker
317 Points Posted on 15 December 2011

Withdrawing the entire cash option will be treated as Maturity Claim and as Maturity Claim is not taxable,Cash Option is also therefore not taxable.

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On 15 December 2011 at 11:11

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