LIC Receipt of 1000
Bhavika Tourani (156 Points)
16 December 2021
rs 1000 received as LIC every month is it taxable?
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 16 December 2021
Yes, if it is regular pension. Take standard deduction benefit,,,, It will be exempt.
sabyasachi mukherjee
(27579 Points)
Replied 17 December 2021
Nature of assesse and others are important.
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