Receipt of amount on maturity of LIC Policy is.............................

Related MCQs

• When a receipt is determined as Capital Receipt or Revenue receipt.
• Which of the following is not a capital receipt?
• Any some received under key man insurance policy taken on the life of the employee shall be ..........................
• Deduction from gross Total income is allowed under Sec. 80C up to lower of the Qualifying amount or a maximum of.
• The maximum amount of deduction under section 80D in the case of a senior citizen is .........................
• The maximum amount deductible u/s 80GG in respect of rent paid is ........................
• Interest on Bank Term Deposits is subject to tax deduction at source if the interest amount during the relevant previous year exceeds................
• The amount of deduction under section 80DD regarding disability is .....................
• Maximum amount of deduction allowable under section 80CCF is ......................
• The amount deductible for severe disability u/s 80U is ..........................