I have another query
is it also necessary to link LIC policy to PAN or Adhar card ?
if so what is the deadline and also what are the consequences of not linking ?
Menu
Lic policy linking to pan
Replies (4)
Yes, there is no deadline for that. Earlier linked better or TDS (on any interest or dividend or withdrawal) will get deducted at higher rate.
Thanks a lot Dhiraj ji
You are welcome.
As of now no such requirement. It may be implemented in the future.
Your PAN is already linked with LIC policy since PAN would have collected as part of KYC
Your PAN is already linked with LIC policy since PAN would have collected as part of KYC
Recent Threads
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
- How much tax is payable If I withdraw my mutual fu
- GST Penalty Provisions under Section 73 vs Section
- How VFA Academy Helps Traders Build Discipline and
- GSTR-3B Relationship
- Section 194T: TDS on Payments to Partners: Applica
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
Related Threads
CAclubindia
