Sec 10(10D) For LIC Exemption
Sathya Narayanan (7 Points)
23 September 2021Is Maturity Benefit In LIC Taxable or Is Eligible to this Section 10(10D)?
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Sathya Narayanan (7 Points)
23 September 2021
JGM
(Knowledge Sharer)
(443 Points)
Replied 23 September 2021
Generally, LIC maturity proceeds is exempt. However, in certain specified cases, it would be taxable
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