Amount received from insurance companies and tds deducted on the recived amount
Amount received from insurance companies show in income from other sources or exempt from tax
pls clear
Menu
194DA tax treatment
Replies (3)
Since tds is deducted that means you must have paid more than 10 % of the premium. It will be taxable in other sources.
Tds is deducted at the rate of 5%
It will be taxable as other sources
Recent Threads
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
Related Threads
CAclubindia
