TAX EXEMPTION OF INSURANCE POLICY ON MATURITY

Tax queries 201 views 3 replies

Sir

if tds is deducted under sec 194DA does that mean that the policy maturity amount recd is taxable or can he claim exemption for  the amount recd in sec 10d.

thank you

sujatha

Replies (3)

TDS is deducted.

 

Can claim exemption u/s 10 while filing. 

Sec 10(10D) EXEMPTED

thank you very much for your reply


CCI Pro

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