ICICI Life Time Pension 2 -surrendered after 9 years, is surrender amount taxable.

[mohanmanas]

HI All

I had "ICICI Life Time Pension 2" Insurance, which i have surrendered after after 9 years 9 months. Is surrender amount received Taxable?.

Date of inception of insurance :05/Jan/2005,
Date of Full Surrender of insurance:17/Oct/2014

Eagerly looking for answers, Thanks in advance.

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