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Taxation of amount recd on redemption of units of insurance policy, Income Tax |
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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. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Whether you have got clarified in the above said issue? If not please inform.
Not yet clarified. Please clarify. Thanks in advance
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