Question ID :
40428
AMOUNT RECEIVED FROM INSURANCE CO
AMOUNT RECEIVED FROM INSURANCE CO IS EXEMPT U/S 10(10D).IS IT APPLICABLE TO ANY AMOUNT OR THERE IS SOME OTHER CONDITIONS.
Posted by
SUDIP KUMAR MUKHOPADHYAY
on
Oct 12, 2019
Filed Under
DIRECT TAXES
Answer ID :
80204
Exemption is not for all amounts. For conditions ( for taxable amounts) please see sub clause (a) to (d) of the said section and section 194DA (for TDS).
Posted by
B.CHACKRAPANI WARRIER on
Oct 12, 2019