Easy Office
LCI Learning

Taxability of wealth plus plan of lic

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 January 2018 Sir,

Please clarify my doubt.

Whether surrender value of Wealth Plus Policy of LIC is taxable?
Profile Image

naveen

Profile Image

naveen (Expert)
27 January 2018 in LIC maturity and surrender value taxable as per scheme. If scheme registered in 10(10)D then value is tax free.

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


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

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