This is with regard to our recent correspondence on standing up a policy. I surrendered it and received payment from LIC on my own policy (policy taken before 2011-12, premium < 10% of SA). Is it taxable under Sec 10(10D)?
This is with regard to our recent correspondence on standing up a policy. I surrendered it and received payment from LIC on my own policy (policy taken before 2011-12, premium < 10% of SA). Is it taxable under Sec 10(10D)?