23 July 2023
IS AMOUNT RECEIPTS FROM LIFE INSURANCE COMPANY UNDER SECTION 194 DA TAXABLE OR NOT? (IF NOT TAXABLE,THEN CAN I REPORT THE AMOUNT AS EXEMPT CATEGORY UNDER SECTION 10D)? (TDS 5 % HAS DEDUCTED ON THE ABOVE SAID RECEIVED AMOUNT FROM LIFE INSURANCE COMPANY LIC)
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