Regarding insurance claim
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 July 2012
A person has received Insurance claim on death of father he received claim after 6 years and he also received interest for the period Rs 600000 does this interest is exempt or not if not then in which source we show this income
urgent please resolve this issue
urgent please resolve this issue
23 July 2012
whole sum received on death of a person is exempted u/s 10(10D).
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