Keyman Insurance policy - assignment in favour of the appellant ...
Keyman Insurance Assignment: Surrender Value Cannot Be Taxed Without Actual Receipt During the Year of Assignment.
April 3, 2017
Case Laws Income Tax AT
Keyman Insurance policy - assignment in favour of the appellant - even though the assignment has happened during the year, surrender value as computed as on the date of assignment cannot be brought to tax in absence of actual receipt of the surrender value during the year under consideration - AT
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