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sum received from lic

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(Querist)
16 November 2009 i get rs 10000 from lic
its taxable or not
if it is exempt so it should be show in return or not
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
16 November 2009 Exempted. Pl see section 10(10D) of the Income tax Act,1961 for details. Exempted income also should be disclosed in the income tax return.
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
16 November 2009 Agree
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