Ulip
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2011
I had paid ULIP for 3 years now i withdrawn what is tax liability under income tax
26 August 2011
it depends on which funds you were into.
26 August 2011
it would be taxable in the year of withdrawl as 80C is not avaialble for withdrawl before completion of 5 years.
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