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Income Tax - Highlights / Catch Notes

Home Highlights January 2018 Year 2018 This

The surrendered value of keyman insurance policy received during ...


Keyman Insurance Surrender Value Must Be Included in Composite Income; Rule 8 Applies for Tax Purposes.

January 17, 2018

Case Laws     Income Tax     AT

The surrendered value of keyman insurance policy received during the previous year had also to be considered as part of the composite income on which Rule 8 has to be applied - AT

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