TDS U/S 194DA BY LIC ON MATURITY VALUE

This query is : Resolved 

27 December 2019 MY CLIENT INVESTED AMOUNT IN LIC IN 2010 AMOUNT 160000

NOW HE GOT 230000 IN F.Y 2018-19
1% TDS WAS DEDUCTED U/S 194DA BY LIC

NOW WHAT IS THE TAXABLE VALUE 230000 OR 70000(230000-160000)

28 December 2019 70000/ is taxable income



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