22 July 2023
Check the policy based on premium paid to sum assured for its tax exemption. As tax has been deducted, it implies there is tax liability; or it is not tax-exempt.
23 July 2023
It was deposited Rs 20 lac in 2013 lum sum and maturity comes in Feb 2023 Rs 38 lac. Now LIC has deducted tds US 194DA Rs 86k against payment of Rs 7.82 lac but actually LIC company paid Rs 38 lac as maturity Is it Rs 7.82 lac income? Please
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