https://www.taxtmi.com/forum/issue?id=111525 Taxation of insurance maturity proceeds is raised where single premium policies were purchased but no deduction under Section 80C was available due to aggregate limit exhaustion; the adviser opines that entire maturity proceeds are taxable, and the taxpayer contends this would produce double taxation since premiums were paid from taxed income. en-us Sat, 18 Feb 2017 14:42:16 +0530 Thu, 23 Jan 2025 15:56:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111525 Taxation of insurance maturity proceeds is raised where single premium policies were purchased but no deduction under Section 80C was available due to aggregate limit exhaustion; the adviser opines that entire maturity proceeds are taxable, and the taxpayer contends this would produce double taxation since premiums were paid from taxed income. Discussion-Forum Income Tax Sat, 18 Feb 2017 14:42:16 +0530 https://www.taxtmi.com/forum/issue?id=111525