Just a moment...

⚠✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :

Print Options

+ Post a Query
Post a New Query ✕
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search ❮
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID :
PrevPreviousNextNext

Investment in LIC Grouth fund is exempt or not?

PRAMOD JHA

We have invested Rs. 100,000/- (One Lac) in LIC grouth fund .

Pl. suggest, It will exempt from Taxable Income or not.

Check LIC Growth Fund's Tax Exemption Status Under Section 10(10D) of Income Tax Act for Rs. 100,000 Investment. An individual inquired about the tax exemption status of an investment of Rs. 100,000 in an LIC growth fund on a discussion forum. A chartered accountant responded, advising the individual to refer to Section 10(10D) of the Income Tax Act, which outlines restrictions on sums received from insurance policies, to determine if their investment qualifies for tax exemption. (AI Summary)
Income Tax
answers
Sort by
+ Add A New Reply
Hide
+ Add A New Reply
Hide
Recent Issues