hi, please advise whether life insurance maturity amount is
fully taxable.
Taxable if:
* For policies issued on/after Apr 2012: if premium paid is more than 10% of sum assured. For old policies: 20% instead of 10%.
itefiling.accfin@gmail.com (48 Points)
04 July 2019
itefiling.accfin@gmail.com
(48 Points)
Replied 04 July 2019
rama krishnan
(12239 Points)
Replied 05 July 2019
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
