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I had taken a lifetime Pension II Policy from ICICI Prudential in 2004 for ten years. After10 years in December 2014 on maturity, the policy was surrendered.Kindly tell me what is the tax liability on the proceeds on maturity.
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I had taken a lifetime Pension II Policy from ICICI Prudential in 2004 for ten years. After10 years in December 2014 on maturity, the policy was surrendered.Kindly tell me what is the tax liability on the proceeds on maturity.