CBDT issued guidelines under clause (10D) Section 10 of IT Act, 1961

Last updated: 22 January 2022


CBDT issued Guidelines on Income Tax Exemption for Unit Linked Insurance Policies (ULIP) Receipts under Section 10(10D) vide a Circular 2/2022 dated 19/01/2022. This circular explains the methodology to find out the tax exemption status of ULIPs. Section 10(10D) of the Income Tax Act, 1961 provides

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Category Income Tax   Report

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