Reliance ULIP purchased in May 2014 with Single Premium and it is pre-matured redemption in the January 2021 Reliance ULIP purchased in May 2014 with Single Premium and it is pre-matured redemption in the January 2021

Reliance ULIP purchased in May 2014 with Single Premium and it is pre-matured redemption in the January 2021. Please let me know, whether benefit amount is taxable or tax free under sec. 10(10D) for t

3 Response(s)

Posted 10 months ago


A. Dear Sir,
You may approach the chartered accountant for detailed advise basing upon your financial source of income. Normally, such amount is taxable in the hands of tax paid but depending upon your eligibility for getting exemption you may discuss with chartered accountant.

Rate me Five Star*

Helpful
Helpful
Share
Other Responses
Advocate  Anik

Advocate Anik

Bangalore

Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

Doubt Doubt

Can I use empty gas cylinder from scrappage and use it to do project.can I cut and do the projects and commercialize it.

2 Response(s)

Posted 1 year ago


A. Hi,
No, this is illegal. You have a duty to return empty cylinders to your authorized gas distributors. If they find out about the same, you can be punished under law.
If the cylinders you are referring to are scrap and not in use, then yes, you can use them for whatever purpose you intend.
If you found this helpful, please rate us.

Helpful
Helpful
Share
Other Responses
Ayantika Mondal @ Prime Legal

Ayantika Mondal @ Prime Legal

contempt of court order given in april 2019 contempt of court order given in april 2019

Inspite of probate of WILL secretary and society are not writing the new names in Share certificate. We have complain to Joint Registrar navi mumbai. but the secretary is unmoved. I do not wish to ap

1 Response(s)

Posted 2 years ago


A. Dear Sir,
Approach the Civil Court and file contempt application and implead them as parties.
Please give me Rank 5 and Review my Resume and Follow Me.
==========================================
Rule 2A Order XXXIX of Code of Civil Procedure 1908 "Consequence of disobedience or breach of injunction"

(1) In the case of disobedience of any injunction granted or other order made under rule 1 or rule 2 or breach of any of the terms on which the injunction was granted or the order made, the Court g ...ReadMore

Helpful
Helpful
Share