Insurance claim
This query is : Resolved
Guest
Guest
(Expert)
28 July 2012
No, Motor insurance claim is not taxable.
28 July 2012
yes..in excess of wdv as per I Tax
28 July 2012
under section 45(1A) excess claim received is taxable as STCG.
Kind regards,
Neha D.
Kind regards,
Neha D.
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