Deductions u/s 80c

Afzal Momin (CA FINAL) (177 Points)

04 February 2015  

Friends,

I HAVE A QUERY REGARDING LIC INVESTMENTS IN WHICH WE HAVE DEDUCTIONS U/S 80C.

MY QUERY IS FOR HOW MANY YEARS SHALL A INVESTMENT UNDER LIC IS TO BE KEPT i.e IF I WITHDRAW AFTER A CERTAIN PERIOD WHETHER IT WOULD GET TAXABLE.