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Amitava Bandyopadhyay (Retired)     22 May 2017

Tax liability on insurance policy

Wheather the proceeds received upon surrendering insurance penson policy taken in 2008 with sum assured nil,and no tax benfits taken on the premiums paid is taxable as per section 194DA of the Income Tax Act of 1961 ?



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 1 Replies

Kumar Doab (FIN)     22 May 2017

You can also post such queries at sister website of LCI:

 

https://play.google.com/store/apps/details?id=com.interactivemedia.caclubindia


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