Taxation of lic amounts

kollipara sundaraiah (B.com) (2957 Points)

11 January 2021  
Assess lic sum assured amount rs:695000/-
single premium paid Rs:501804/- payment on 12-08-2013.
policy time :9years.
Dt:12-08-2016 Rs:104250/-
Dt:12-08-2019 Rs:104250/-
Dt:12-08-2022 Rs:501804/- + int paid.
f.y 19-20 Rs:104250/- Tds deducted 1% 1042/- sec 194da AS per 26as.
question:
Assess tax treatment amounts from lic taxable or exempted show in I t returns