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Sathya Narayanan   23 September 2021

Sec 10(10D) For LIC Exemption

Dear Sir/Mam

Is Maturity Benefit In LIC Taxable or Is Eligible to this Section 10(10D)?

Kindly Please Help Me!

 1 Replies


JGM (Knowledge Sharer)     23 September 2021

Generally, LIC maturity proceeds is exempt. However, in certain specified cases, it would be taxable

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