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TAXABILITY OF INCOME

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2011 WHETHER AMT RECD FROM LIC SUPER ANNUATION , PF PENSION, DIVIDEND FRON BIRLA TAX RELIEF'96, icici TAX PLAN DIVIDEND IS EXEMPT OR TAXABLE ?

THE INCOME RECD FROM REDEMPTION OF LIC ULIP PLAN OR ANY OTHER PLAN IS TAXABLE UNDER CAPITAL GAINS.WHETHER CORRECT?
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CA Navin Jain

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CA Navin Jain (Expert)
02 May 2011 i think all amount is exempt form tax
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Querist : Anonymous

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Querist : Anonymous (Querist)
02 May 2011 wht abt the taxability of units of LIC which is redeemed ?
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