IT guidelines & examples for exemption for life insurance sum received: Circular No. 2 of 2022
F. No.370142 /61/2021-TPL
Government of India
Ministry of Finance
Department of Revenue
(Central Board of Direct Taxes)
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Dated: 19th January 2022
Sub: Guidelines under clause (10D) section 10 of the Income-tax Act, 1961 – reg.
Clause (10D) of section 10 of the Income-tax Act, 1961 (the Act) provides for income-tax exemption on the sum received under a life insurance policy, including any sum allocated by way of bonus on such policy subject to ce Read More
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