Insurance maturity proceeds received

Sir. Any guidance note is available from our institute with regard to taxability of the above subject income when received.
Replies (3)
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.

Every policy has their own guidelines.

Refer Section 10(10D) income tax act and policy document
Not taxable.
Policy subscripttion document has the rules about taxability subject to conditions

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