Compensation received from insurance company

Tax queries 773 views 4 replies
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154 Points Joined October 2010

I WANT TO KNOW THAT COMPENSATION RECEIVED FROM INSURANCE COMPANY IS EXEMPT UNDER WHICH SECTION ???  OR HOW TO FILL IN INCOME TAX RETURN????

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On 24 July 2012 at 15:13 Report
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Chartered Accountant
334 Points Joined April 2009

u/s 10(10 D)

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On 24 July 2012 at 15:26
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Assistant Manager - Finance & Accounts
702 Points Joined January 2011

Please provide the details for which compensation received from insurance co. Who received it? Why was it received? etc.

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On 24 July 2012 at 15:30
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154 Points Joined October 2010

COMPENSATION IS RECEIVED BY WIFE OF THE DECEASED PERSON.

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On 24 July 2012 at 15:32
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Assistant Manager - Finance & Accounts
702 Points Joined January 2011

U/s 10 (10D) subject to certain conditions.

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On 24 July 2012 at 16:12


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