banner_ad

Death benifit

Others 13464 views 6 replies
I got some message from my friend that if i am paying income tax for last three years and in case I got an accidental death, My family will get 10 times of the average yearly income(for last three years) as accidental benefit. Is it true? kindly clarify and please guide how to avail the facility.
Replies (6)

"if i am paying income tax for last three years"

Means he is selling some product for which this is one of the requirement

The benefit of the product: Accident or death claim!!!

IT department has never issued any such FATWA

There is no such provision in this act. And Income Tax Department has never issue any such notification. Beware of fake news..!

Thanks to both of you......smiley

Most welcome

This is true and I read in our local newspaper This is written in Motor Vehicle Act and many of us are not aware of this information.

It is fake news

https://factly.in/news-government-compensation-case-accident-deaths-false/

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details