Taxable or exempt
This query is : Resolved
Lalit Raghuwanshi
(Querist)
08 March 2013
I have received accidental insurance compensation from insuranse company whether it is taxable or not if yes in which section of income tax act
Soumitra Basu
(Expert)
10 March 2013
It is only re-imbursement of expenditure. It is not your income.
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