Taxability on amount recived under critical illness cover
This query is : Resolved
27 November 2008
Would the sum received under critical illness policy (health policy) be taxable in the hands of the assessee?
27 November 2008
If thededctuin is allowed under chapter VIA, then it would be taxable other wise not taxable.
27 November 2008
exemption u/s. 80 DDB is allowed a deduction of Rs. 50000/-
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