Sir, under PMVVY scheme, regarding policy taken on wife'ss name, ( both being senior citizens )
The supposed annual income of 1,20000 from the above lic policy , of the non working wife is taxable in hands of the taxpaying husband in accordance with the clubbing provision or not ?
Please clarify
Shaswat initial support private limited
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BHUPINDER SHAH AND COMPANY
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T R SOOD & CO
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CAclubindia
