LIC OR BONDS
This query is : Resolved
24 June 2009
my question is that LIC or BONDS is matured during the FY-2008-09. In which head of income will it be taxable?
24 June 2009
LIC exemption is exempted u/s 10(10D)
Bonds matured is taxable as income from other sources
Bonds matured is taxable as income from other sources
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