Menu
Lic bonus
Whether lic bonus is taxable?
Replies (3)
in some reason it will be taxabe or for some reason it will be not...for more info. refer to sec 10(10D)...
exempt subject to the conditions
If the premium payment exceeds 20% or 10%, as the case may be, of the sum assured then the entire proceeds including bonus is taxable.
Recent Threads
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
- NPS Pre Maturity full exit taxation rules
- Planning to ceased a Business
- Taxation for sale and purchase of REIT shares
- PAN - AADHAR LINK
- RECONCILIATION OF GSTR 2B Vs BOOKS WITH VBA
- Regarding cancellation of GST Number
- GST on business receipts pre -registration
- A Restaurant registered under the Composition Sche
Related Threads
CAclubindia
