Taxation of amount recd on redemption of units of insurance policy

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....axation of amount recd on redemption of units of insurance policy<br> Query (Issue) Started By: - rajul begani Dated:- 29-4-2013 Last Reply Date:- 19-11-2015 Income Tax<br>Got 2 Replies<br>Income Tax<....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....br>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.....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... I would like to know the taxability of the same if i had recd, Rs.1,46,000.00 on the same. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Whether you have got clarified in the above said issue? If not....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... please inform. Reply By rajul begani: The Reply: Not yet clarified. Please clarify. Thanks in advance<br> Discussion Forum - Knowledge Sharing ....