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income tax

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(Querist)
11 February 2008 whether matured amount of lic is taxable
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
11 February 2008 matured amount of lic is not taxable
u/s 10(10DD)
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Garima

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Garima (Expert)
12 February 2008 Amount received on matuarity of Life Insurane is not taxable.
Added to the capital of the investor.
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