Insurance compensation received

This query is : Resolved 

03 August 2011 Dear Experts,

Could you please confirm whether there is any tax to be paid on Insurance compensation received by the spouse of individual (on account of death) from UAE.

Thanks & Regards,
Nagaraju.

03 August 2011 as per my knowledge its not income so not taxable

03 August 2011 thank you for the quick response




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