Redemption of ULIP not exempt u/s 10(10D) is taxable as capital gains – ITAT
August 21, 2023
Income Tax, ITAT
Redemption of ULIP not exempt u/s 10(10D) taxable as capital gains not income from other sources, ITAT allows benefit of indexation ABCAUS Case Law Citation:ABCAUS 3795 (2023) (08) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in sustaining the addition made …