ICICI Pru Signature Withdrawal Section 10(10D)

kat arun (5 Points)

22 October 2024  

Hello,

I've got the Icici Pru Signature policy back in June 2019, paid for 5 years premium and now eligible for surrender or patial withdrawal. The agent told me it will be tax free money under section 10(10D), as it is meeting the required criterias. My question is, I do not have any income this year other than withdrawal amount(either full or partial) from this ICICI Pru Signature policy, so, just wondering do I still have to file tax return even I don't have any other income for this tax year?

Appreciate your help in advance for this regards.