Insurance maturity proceeds received

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M.Com
355 Points Posted on 03 October 2022
Sir. Any guidance note is available from our institute with regard to taxability of the above subject income when received.
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On 03 October 2022 at 14:09 Report
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Quick Summary
This discussion clarifies the taxability of insurance maturity proceeds. While generally not taxable under Section 10(10D) of the Income Tax Act, specific conditions outlined in the policy document must be met. Refer to your policy's subscription document for detailed rules.

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CFO- at NHTF
58280 Points Posted on 04 October 2022
Every policy has their own guidelines.

Refer Section 10(10D) income tax act and policy document
6 Reply
On 04 October 2022 at 10:11
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Profession Business
28246 Points Posted on 04 October 2022
Not taxable.
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On 04 October 2022 at 18:52
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CFO- at NHTF
58280 Points Posted on 04 October 2022
Policy subscripttion document has the rules about taxability subject to conditions
3 Reply
On 04 October 2022 at 22:34

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