LIC maturity amount filing missed

ITR 548 views 3 replies

I had LIC maturity amount of 10 Lakh ₹ credited in 2021 which is tax free as per rules as premium was less than 10% of sum assured

And that's why TDS also not deducted 

My normal income was 3 lakh and it was filled but this amount not entered in exemption column

I have all LIC receipt and documents 

So what should I do?

Will it cause any issues in future to me?

Replies (3)

No issue. By chance of any query, you can justify that it was tax exempt u/s. 10(10D) IT act.

Okay Thank you sir 🙏🏻

You are welcome.        


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