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income tax on lic maturity

Income Tax - Started By: - satbir singh wahi - Dated:- 2-1-2016 Last Replied Date:- 8-1-2016 - One time LIc premium Nov 2004 ₹ 575000Maturity Amount ₹ 970000 received on Jan 2015 TDS ₹ 19500What is taxable amount. - Reply By Ganesha .....

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deducted also.also. - Reply By satbir singh wahi - The Reply = Pls guide whether taxable amount will be 970000or 395000 (970000-575000) i.e maturity amount less premium paid - Reply By satbir singh wahi - The Reply = SirPLs reply to query - Reply By .....

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