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girish

I have purchased wealth plus a single premium life insurance (SPLI) policy on 07/05/2010 by paying 2 lakhs as a single paid premium. It get matured on 2018 after eight years .I received total amount of 291732 having interest incurred of 91732 in eight years .TDS at the rate of one percent is deducte...
hanif

i have a LIC endowment two policies taken in the year 1991 for Rs 1 Lac and Rs 50000/- respectively.
The maturity is August, 2019 for both the endowment policies.
i pay premium of rs 2701/- for one policy and rs 1664/- for another policy and the bonus gets added up for both policies.

I have a que...
hanif

Sir, i have a query , my colleague did have an insurance policy taken in the year 2009 (january), and it is matured in january 2019. he got a maturity amount of
rs 3,30,756 and the message says that on account of Maturity payout has been credited to your bank account as per the NEFT facility chosen...
BHUSHAN DEORE

I took a policy(single premium) from life insurance company and premium is 100000 in year 2010 and Term is 8 Years, they have deducted 1% tax of maturity amount, that amount is shown in 26as. total maturity amount is 138160. i have just gain 38160 after 8 Years of Period.
what exact income to show...