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
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