Notification on guidelines under clause (10D) of section 10 of the Income Tax Act, 1961 (dated 16/08/2023) – CBDT
View Pdf– Notification on guidelines under clause (10D) of section 10 of the Income Tax Act, 1961 (dated 16/08/2023) – CBDT.
- It provides the income tax exemption on any sum received under a life insurance policy, including the sum allocated by way of bonus on such policy subject to certain exclusions. Please refer notification for more details.