Investment in LIC Grouth fund is exempt or not?

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....nvestment in LIC Grouth fund is exempt or not?<br> Query (Issue) Started By: - PRAMOD JHA Dated:- 2-3-2011 Last Reply Date:- 13-10-2012 Income Tax<br>Got 1 Reply<br>Income Tax<br>We have invested Rs. ....

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....100,000/- (One Lac) in LIC grouth fund . Pl. suggest, It will exempt from Taxable Income or not. Reply By CA. Surender Gupta: The Reply: Section 10(10D) provides some restrictions on Sum received i....

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....n respect of insurance policies. Please visit section 10(10D) and see whether your case falling within the provisions of this section.<br> Discussion Forum - Knowledge Sharing ....