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Premature insurance

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2013 suggest if policy is taken on the name of minor daughter and get premature on becoming major of daughter(unmarried) and amount is paid to daughter. weather it is taxable in hand of child or father.and daughter is also filing her seaprate return now on becoming major.
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
17 April 2017 Very old Query need to be closed now

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