POSTED BY March 8, 2012 9:00 am COMMENTS (5)ON
I do have two policies with LIC. Table nos are 108 (SA 1,00,000) and 179 (5,00,000). I got some Rs 70k from these two policies after 4 years. Do I need to show this as income? Is this amount taxable? Are these amounts are under TDS? Please clarify.