Just a moment...

Report
FeedbackReport
Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Tax on profits and gains of Life Insurance business - Section 115B

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Life Insurance business - Section 115B * Where the total income of an assessee includes any profits and gains from life insurance business, then the income-tax payable shall be @12.5% of profits and....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....income-tax computed above in such social security fund as the Central Government may notify in the Official Gazette. where the assessee makes during the said previous any deposit of an amount of not ....