Receipt From LIC
This query is : Resolved
CA ARVIND TIWARI
(Querist)
15 December 2008
Whether receipt from LIC on death of the insured person by the nominee of the insured is taxable ? If taxble under which section
CA Tilak Raj Sharma
(Expert)
15 December 2008
No it is not taxable.
15 December 2008
Not taxable
Ravikumar.G
(Expert)
15 December 2008
No
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