Bonus received from insurance company

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

20 March 2015 Dear Sirs,

I would like to know that if Bonus Received from Insurance Company, it is taxable or not ? and on which section ??

also want to know about dividend taxability

thanks everyone

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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20 March 2015 it will be income from other sources only.

dividen recvieved from indian company who have paid dividend distribution tax will not be taxable in hands of shareholders.

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2015 I would like to know, in life insurance after maturity if i received excess amount (maturity-premium paid) do it is exempted u/s 10(10D)?

what is the entry in my proprietor books of account ?

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