TMI BlogProperty Life Insurance PolicyX X X X Extracts X X X X X X X X Extracts X X X X ..... Property Life Insurance Policy X X X X Extracts X X X X X X X X Extracts X X X X ..... erty. My question is : Can Property Insurance and Property Life Insurance premium is exempt from Income Tax ? Thanks in advance for your valuable advice Reply By Rama Krishana: The Reply: In case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the property is business assets, the answer is Yes. But, it it is not a business assets, the answer is No. X X X X Extracts X X X X X X X X Extracts X X X X
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