Easy Office
LCI Learning

Tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 July 2009 What about the tax treatment of Lic matured is it taxable ...
Profile Image

Abhishek Mohta

Profile Image

Abhishek Mohta (Expert)
21 July 2009 No LIC on maturity is not taxable.
Profile Image

CA.Nikhil Gupta

Profile Image

CA.Nikhil Gupta (Expert)
21 July 2009 It is an exempted income, thus not taxable but should be shown in Tax Return
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Suresh Choudhary

Profile Image

CA Suresh Choudhary (Expert)
21 July 2009 AGREE WITH EXPERTS

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link




Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links