Income tax
This query is : Resolved
24 July 2012
please explain me keyman insurance policy ....its tax treatment....and in which head of income it must be taxable??
Guest
Guest
(Expert)
26 July 2012
If keyman is alive then it will be taxable under the head salaries in the hands of keyman.
Bt if not then it will be taxable in the hands of employer under the head business & profession or other sources.
Bt if not then it will be taxable in the hands of employer under the head business & profession or other sources.
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