Compensation

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 December 2011 compensation received by family members on the death of a person(not being in armed forces) is taxable in the hands of relatives or not?
PLZ VERY URGENT

09 December 2011 It is tax free as per CBDT Circular 573 dated 21/08/1990 reported in 185 ITR (St) 31.


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