Nominee receipt on death not treated as income under amended section 80CCD, clarifying tax treatment for nominees. The amendment inserts a proviso into section 80CCD that the amount received by the nominee on the death of the assessee under the referenced clause shall ... Summary
Nominee receipt on death not treated as income under amended section 80CCD, clarifying tax treatment for nominees.
The amendment inserts a proviso into section 80CCD that the amount received by the nominee on the death of the assessee under the referenced clause shall not be deemed to be the income of the nominee.
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