- PF is not taxable as you left job due to ill health even though you had not completed five years of service in a company. If TDS is deducted on PF, show PF income in exempt income and claim credit of TDS deducted.
- LIC poilcy will be taxable if premium paid in any year during existence of policy exceeds 10% of sum assured. How can the premium be 80% of sum assured?. I think it is surrender value. Please check the percentage with actual capital sum assured.