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hanif

Hello Amlan, I have a query,as you are aware there are some changes from September 1st, 2019 including insurance policy also.i have 2 LIC policies of Rs 50000 and Rs 1 lac respectively opened in 1991 (both) for 31 and 35 years resp. I am paying premium yearly for one policy is rs 1550/- and other po...
Sanchi Rajput

Hi Sir,
My father had a money back policy which got matured. 1% tds is deducted.
maturity amount is 2.36 Lacs and the premium he paid was around 60,000 for 5 years. Does he need to show the whole maturity amount received in income from other sources or it can be exempted under section 10(10D). If it ...
Krishna Kumar

I have a money back insurance policy from LIC in which i get Rs 25000/- in every four years. In Mar 2018, i received Rs 25000 from LIC. My policy maturing on 2023. I am Govt employee in 20% tax slab and filed ITR 1 previous year. Now, question arises , is this Rs 25000 is taxable OR if it is e...