Taxmann's Analysis | Know about the Taxation of Life Insurance Policies from 01-04-2023

· Taxmann Publications Private Limited
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About this ebook

This article provides insights on the taxability of life insurance policies under various scenarios such as:

‣ The Finance Act, 2023 changes the rule of taxation

‣ CBDT’s guidelines on the applicability of sixth and seventh proviso to section 10(10D)

‣ Tax on excess or high premium life insurance policies


Also, get to know about the new Rule 11UACA for computing taxable income when life insurance policies (excluding ULIP) aren't exempt under Section 10(10D).

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5.0
2 reviews

About the author

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the Six Sigma approach to achieve the benchmark of zero error in publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

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