Poonawalla fincorps
Poonawalla fincorps

Lic policy matured

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 August 2015 What is the income tax status on the amount of policy matured?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
26 August 2015 Exempted u/s 10(10D) of the Income Tax Act 1961. Refer section 10(10D) for details.

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