Is trading in a Life Insurance Policy allowed?

FCS Deepak Pratap Singh , Last updated: 03 September 2024  
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As you are aware, an "insurance policy" is considered a capital asset. The Institute of Chartered Accountants of India (ICAI) has suggested that life insurance policies be treated as a capital asset. "It is suggested that life insurance policies be treated as a capital asset falling within the defi

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Corporate Law   Report

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