Maturity of lic
This query is : Resolved
21 July 2015
One individual was deducting from PL of the lic premium not treating it as investmentNow the policy has matured What can be the treatment of the matured amount including interest thereon
21 July 2015
Maturity amount including interest will be part of Capital A/c.
For Taxation point view please refer section 10(10D)
For Taxation point view please refer section 10(10D)
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