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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Disallowance of payment of premium under “Keyman Insurance ...


Keyman Insurance Policy Premiums Disallowed; Maturity/Surrender Amount Taxable, but Deductions Allowed Elsewhere.

February 21, 2014

Case Laws     Income Tax     AT

Disallowance of payment of premium under “Keyman Insurance Policy – maturity or surrender amount under the Keyman Insurance Policy was not exempted but taxable under different provision - deducation allowed - AT

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