LIC maturity
sharfas (article clerk) (55 Points)
23 June 2018
I have received lic maturity of 1,20,000/-.but there is no TDS is deducted,is it taxable or not
CA K.Srividhya
(Chartered Accountant)
(279 Points)
Replied 23 June 2018
Amount received from LIC on maturity is not taxable. It is exempted u/s 10(10D).
Regards.
sharfas
(article clerk)
(55 Points)
Replied 23 June 2018
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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