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Taxation of amount recd on redemption of units of insurance policy, Income Tax

Issue Id: - 105616
Dated: 29-4-2013
By:- rajul begani

Taxation of amount recd on redemption of units of insurance policy


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Sir,

I had taken a policy of Rs.2,00,000 .I had paid  premium amount Rs.25,000 for 4 years. I have redeemed  the ICICI prudential balaced fund after the 4  years i.e. after 3 years of lock in period. I would like to know the taxability of the same if i had recd, Rs.1,46,000.00 on the same.

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Showing Replies 1 to 2 of 2 Records

Page: 1


1 Dated: 19-11-2015
By:- MARIAPPAN GOVINDARAJAN

Whether you have got clarified in the above said issue? If not please inform.


2 Dated: 19-11-2015
By:- rajul begani
Not yet clarified. Please clarify. Thanks in advance

Page: 1

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