What are the cases where any sum received for life insurance policy u/s 10(10D) shall be exempt.

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..... :- 17-5-2018
Manual - Exempted Income u/s 10 - Income Specific Any sum received under a life insurance policy shall be fully exempted in following cases : 1. If any sum received on insurance of a .....

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..... in respect of which the premium payable for any of the years during the term of the polcy exceeds 10% of the actual capital sum assured. Note: Any sum received under (3) & (5) shall be fully exempt .....

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