Lic maturity
This query is : Resolved
11 July 2014
LIC MATURITY AMOUNT RECEIVED
IS IT EXEMPT INCOME
IF EXEMPT THEN WHAT AMOUNT
(FULL AMOUNT RECEIVED OR AMOUNT RECEIVE MINUS TOTAL AMOUNT PAID AS PREMIUM)
THEN WILL WE HAVE TO FILL ITR2 BECAUSE ABOVE RS.5000/-
EXEMPT INCOME WE CANNOT FILL ITR1 FOR SALARIED PERSONS
IS IT EXEMPT INCOME
IF EXEMPT THEN WHAT AMOUNT
(FULL AMOUNT RECEIVED OR AMOUNT RECEIVE MINUS TOTAL AMOUNT PAID AS PREMIUM)
THEN WILL WE HAVE TO FILL ITR2 BECAUSE ABOVE RS.5000/-
EXEMPT INCOME WE CANNOT FILL ITR1 FOR SALARIED PERSONS
11 July 2014
yes u need to file itr2 in this case.
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