Payment in respect of life insurance policy

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..... son responsible for paying to a resident any sum under a life insurance policy, including the sum allocated by way of bonus on such policy, other than the amount not includible in the total income und .....

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..... d thousand rupees.] ---------------------- 1. Inserted vide THE FINANCE (No. 2) ACT, 2014 w.e.f. 1st day of October, 2014 2. Substituted vide THE FINANCE ACT, 2016 w.e.f. 1st da .....

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