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Income tax liability of death insurance claim receipt

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accounts officer
178 Points Posted on 07 January 2021
Does Income TAX Liability to an insurance claim received by the husband in the event of his wife's accidental death?
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On 07 January 2021 at 16:05 Report
Replies (3)
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17264 Points Posted on 07 January 2021
No liability
101 Reply
On 07 January 2021 at 17:18
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Accountant
4533 Points Posted on 09 January 2021
No, it will exempt
19 Reply
On 09 January 2021 at 10:26
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accounts officer
178 Points Posted on 09 January 2021
Amount received after claiming the insurance of the vehicle involved in the accident
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On 09 January 2021 at 10:35


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