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Insurance claim

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(Querist)
20 September 2014 If alim received from lic after the death of insurer , the received amount is taxable or not
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
20 September 2014 The amounts received on the death of the insured are exempt from tax under section 10(10D).

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