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TMI BlogTax status on a deferred annuity policyX X X X Extracts X X X X X X X X Extracts X X X X ..... Tax status on a deferred annuity policy X X X X Extracts X X X X X X X X Extracts X X X X ..... are talking about. Is it related to some other expenses? Is the nature of deferred annuity policy is Key men insurance or something else? Reply By Rama Krishana: The Reply: Moreover you need to specify your query that whether your issue is related to nature of expenses allowed to be deducted under section 37 or any other provision as revenue expenditure whereas the revenue may treat the same as ca ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pital expenditure. Reply By Rahul Bagaria: The Reply: Dear Rama Krishan Ji We are into the the business of Life Insurance and wanted to know the content from the Policy Holder's point of view.Hope this clarifies the querry at your end, else please let me know any opter additional information you want. Reply By DEV KUMAR KOTHARI: The Reply: I agree with Mr. Ram Krishnan . Nad I also add that as y ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ou are in business of life insurance,detailed study can be made by your legal and tax department for each type of policy. As a policy provider the insurance company is expected to provide clear cut understanding of law on the issue vis a vis each type of policy. X X X X Extracts X X X X X X X X Extracts X X X X
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