Lalitmohan Rawat
(10 Points)
Replied 09 July 2017
Poltu Ghosh
(Job)
(1865 Points)
Replied 10 July 2017
If the premium payment exceeds 20% or 10%, as the case may be, of the sum assured then the entire proceeds including bonus is taxable.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
