suppose one of the it assessee lic premium paid every year rebate not claimed as per sec 80c under it act.
assessee lic maturity amount received from lic of india amount through on bank account.
question:
assessee lic maturity amount accepted in it act.
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Lic premium sec 80c not claimed maturity amount accepted in it act
Replies (1)
Yes, accepted if its exempt as per sec. 10(10D) of IT act.
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