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Examples related to Section 10(10D)

Examples related to Section 10(10D) – Exemption in respect of sum received under a life insurance policy. (Circular No.15/2023) Clarification: Any sum received under a Term Insurance policy shall continue to be exempt u/s 10(10D) and the premium paid for Term Life Insurance Policies shall not be counted for checking limit of Rs 5,00,000 u/s ...



Central Board of Direct Taxes has issued guidelines for the compulsory selection of returns for Complete Scrutiny during the Financial Year 2023-24. These guidelines aim to clarify the procedure for compulsory selection in such cases. The guidelines, F. No. 225/66/2023 — ITA-II, dated August 31, 2023, address the selection of cases for complete scrutiny based ...


Income Tax Department is sending Tax Notice, you are also on the radar then know these conditions of ITR TAXCONCEPT

Income Tax Notice on Moonlighting: The Income Tax Department has recently sent notices to some people who were moonlighting along with their jobs. This notice is between 2019-2020 and 2020-2021. The Income Tax Department found that there are many employees who had filed income tax returns on their regular salary but their income was more ...