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Keyman Insurance Policy Maturity Value Not Taxable u/ss 2(24)(xi) and 10(10D) of Income Tax Act.
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....Assignment of Keyman insurance policy by the firm – Taxability u/s 2(24)(xi) r.w. section 10(10D) – nothing is taxable out of the maturity value of the policy received from the insurance company by the assessee employee - AT....
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