Tax on insurance maturity



WHAT ARE THE TAX TREATMENT OF INSURANCE PROCEEDS OTHER THAN 10(10D) ? WHETHER WHOLE PROCEEDS ARE TAXABLE OR PREMIUM PAID IS DEDUCTED FROM MATURITY PROCEEDS.
 
Reply   
 
ERP Consultant

Hi,

Please read the below link.

http://economictimes.indiatimes.com/your-money/what-you-must-know-about-taxability-of-life-insurance-policy-payouts/tomorrowmakersshow/49657095.cms

 

Thanks

 
Reply   
 
student

ya agree with you sir
 
Reply   
 

I HAVE ALLREADY READ THIS FROM THIS LINK BUT I AM NOT CLEAR FULLY....SO I REQUEST TO YOU THAT PLEASE GIVE US YOUR DETAIL ADVISE ON THIS TOPIC.........

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs