https://www.taxtmi.com/notifications?id=137508 New Rule 8AD prescribes that capital gains on amounts received under a specified unit linked insurance policy are computed on first receipt as the amount received including bonuses less aggregate premiums paid to that date; for subsequent receipts, taxable gain is the amount received excluding portions already taxed less aggregate premiums paid to date reduced by premiums previously considered. These computed gains are deemed to be gains from transfer of units of an equity oriented fund under an insurance company scheme. en-us Tue, 18 Jan 2022 00:00:00 +0530 Tue, 01 Mar 2022 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=137508 New Rule 8AD prescribes that capital gains on amounts received under a specified unit linked insurance policy are computed on first receipt as the amount received including bonuses less aggregate premiums paid to that date; for subsequent receipts, taxable gain is the amount received excluding portions already taxed less aggregate premiums paid to date reduced by premiums previously considered. These computed gains are deemed to be gains from transfer of units of an equity oriented fund under an insurance company scheme. Notifications Income Tax Tue, 18 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/notifications?id=137508