banner_ad

premature LIC and FDR

248 views 2 replies
User Avatar

410 Points Joined April 2018
if a person started LiC and FDR but due to money problem he withdraw amount form LIC and FDR before complication of term, then these amonut is taxable or not, if taxable then mentioned in other sources head. any rabate is exist.
0 Reply Share Follow
On 11 August 2019 at 20:54 Report
Replies (2)
User Avatar

17264 Points Joined December 2018
LIC if pre-matured before 5 years then amount received is taxable

FDR pre-matured - whatever interest portion received is taxable.
Reply
On 11 August 2019 at 23:22
User Avatar

410 Points Joined April 2018
thanks sir j
Reply
On 12 August 2019 at 13:39

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details