Treatment of LIC matuirity at INCOME TAX RETURN FILING
This query is : Resolved
27 September 2021 I have paid Rs 5738/P.A. for 20 years against my LIC policy.
Now policy has been matured and I get Rs 1,99,000. (policy value is Rs 1 lakh).
Where to show the income at the time of Income tax Filing ?
Now policy has been matured and I get Rs 1,99,000. (policy value is Rs 1 lakh).
Where to show the income at the time of Income tax Filing ?
27 September 2021 'Schedule EI' ... exempt income... u/s. 10(10D)
Message likes : 1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
CAclubindia 
