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CBDT prescribes rules to calculate income from life insurance where premium exceeds Rs 5 lakh

AMRG Associates Joint Partner (Corporate International Tax) Om Rajpurohit said according to the formula, any surplus amount received on maturity would be subject to tax under the head “income from other sources”.

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​ AMRG Associates Joint Partner (Corporate International Tax) Om Rajpurohit said according to the formula, any surplus amount received on maturity would be subject to tax under the head “income from other sources”. AMRG Associates Joint Partner (Corporate International Tax) Om Rajpurohit said according to the formula, any surplus amount received on maturity would be subject to tax under the head “income from other sources”.  Moneycontrol Latest News Read More  

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