17 June 2010
Sir, Are income from under-mentioned heads taxable. 1. Maturity of PPF. 2. Money back from Money back policy of LIC. 3. Maturity income from IDBI/ICICI bonds with TDS. If not then do i need to show it in my income tax return and how.
17 June 2010
1. Principal amount received back Exempt. Interest exempt u/s 10(11) 2. Exempt u/s 10(10D) 3. Principal amount exempt. Interest amount only taxable.
Only PPF interest and amount received from LIC needs to shown in the exempt column of the ITR
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