I would like to know whether the gains on sale of units by insurance company for adjusting the monthly mortality charge, received by assessee is taxable as LTCG though the units are held by and sold by insurance company?
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Ltcg on units sold by ulip whether gains are taxable in the hands of insured
Replies (1)
Not taxable if the scheme covered u/s. 10(10D) of the act.
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