The surrender of a pension policy has to be taxed at the full surrender value. Can wed adjust the premium paid till the date of redemption.
Some say yes, some say no. Which is the correct position and why?
krishnan shankarmani (5 Points)
21 December 2020The surrender of a pension policy has to be taxed at the full surrender value. Can wed adjust the premium paid till the date of redemption.
Some say yes, some say no. Which is the correct position and why?
ayusmita
(Tax consultant)
(5885 Points)
Replied 21 December 2020
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