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Are receipts from life insurance policies on maturity along with bonus taxable?

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Full Text of the Document

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....or 2. Any sum received under Keyman insurance policy; or 3. Any sum received in respect of policies issued on or after April 1st, 2003, in respect of which the amount of premium paid on such policy in any financial year exceeds 20% (10% in respect of policy taken on or after 1st April, 2012) of the actual capital sum assured; or 4. Any sum received for insurance on life of *specified person ....

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