02 February 2016
Taxable under the head 'Income From Other Source' if the annual premium for that LIC is more than 10% (policy issued on or after 1-4-2012) or 20% (Policy issue on or after 1-4-2003 but on or before 31-03-2012) of the Sum Assured (as the case may be);
02 February 2016
Taxable under the head 'Income From Other Source' if the annual premium for that LIC is more than 10% (policy issued on or after 1-4-2012) or 20% (Policy issue on or after 1-4-2003 but on or before 31-03-2012) of the Sum Assured (as the case may be);
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