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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...