plz advice in which head Surrender value of LIC Market Plus Which has 60% money in Bonds & 40% in Govt. Securities be taxable , whether under CG or other sources.and if Capital Gain can we have benefit of calculating tax @ 10% without indexation on Long term Capital Gain.
LIC MARKET PLUS
GAURAV AGARWAL (Student) (43 Points)
24 March 2011
CAclubindia
