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life insurance policy maturity amount taxability section10(10D) and 194 DA

July 28, 2019July 28, 2019 Anish L J 2665 Views 10(10D), Income Tax

Life Insurance Maturity Amount Taxability (TDS)

Life Insurance policy maturity amount can be exempted from tax if and only if it satisfies certain conditions. Otherwise, the policy will become taxable and TDS (Tax deducted at source) will become applicable to it. read more..