Lic maturity income
sanjib kumar shit (1 Points)
23 September 2021sanjib kumar shit (1 Points)
23 September 2021
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 23 September 2021
LIC maturity will be the capital receipt and not revenue receipt.
It will be either adjusted with LIC suspense or with the Capital account.
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