lic mature amt

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21 Points Posted on 12 July 2018
LIC mature amount lible for tax ?
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On 12 July 2018 at 17:49 Report
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SEO Sai Gr. Hosp.
212441 Points Posted on 12 July 2018

Prima facie, yes if TDS deducted......

As for maturity amount which is tax-exempt u/s. 10(10D), TDS u/s. 194DA  is not deducted. (unless maturity amount is below Rs.1 lakh)

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On 12 July 2018 at 17:53
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Employed
258 Points Posted on 12 July 2018
Any maturity amount received on LIC shall be exempt from tax.
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On 12 July 2018 at 22:06

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