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Whether LIC maturity amount taxable or not

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28 Points Posted on 21 August 2019
On death of husband nominee received maturity amount of LIC is taxable or not
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On 21 August 2019 at 12:49 Report
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SEO Sai Gr. Hosp.
211560 Points Posted on 21 August 2019

Not Taxable. Exempt u/s. 10(10D) of the act.

581 Reply
On 21 August 2019 at 17:41
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Student
252 Points Posted on 21 August 2019
Maturity amount of LIC on death is exempt u/s 10(10D).
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On 21 August 2019 at 22:34
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Chartered Accountant
181 Points Posted on 22 August 2019
Exempt u/s 10(10D).
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On 22 August 2019 at 02:00


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