https://www.taxtmi.com/highlights?id=71554 Characterization of receipts - exemption u/s 10(10D) - Amount received on redemption/maturity of unit linked insurance scheme - it can be construed the receipt fell under the head “capital gains” but not under “income from other sources”. We therefore, direct the AO to allow indexation and tax the amount under the head “capital gains”. - AT en-us Sat, 19 Aug 2023 10:15:11 +0530 Sat, 19 Aug 2023 12:22:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71554 Characterization of receipts - exemption u/s 10(10D) - Amount received on redemption/maturity of unit linked insurance scheme - it can be construed the receipt fell under the head “capital gains” but not under “income from other sources”. We therefore, direct the AO to allow indexation and tax the amount under the head “capital gains”. - AT Highlights Income Tax Sat, 19 Aug 2023 10:15:11 +0530 https://www.taxtmi.com/highlights?id=71554