group insurance money recd. its taxability

This query is : Resolved 

14 July 2008 plz tell me treatment of money recd. on retirement of amt. deducted during service of state govt. employee.
under which sec. he gets benefit of that amount

15 July 2008 Please specify what is kind of deduction made during the service of state Govt. If it is a part of salary kept aside and on which no tax has been paid in the past then it is liable for the tax in the year in which it is received otherwise, we have to verify the nature of deuctions made.



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