TMI BlogTds refund on insurance proceeds received by familyX X X X Extracts X X X X X X X X Extracts X X X X ..... Tds refund on insurance proceeds received by family X X X X Extracts X X X X X X X X Extracts X X X X ..... ath of the insured in accident, life insurance proceeds received by his wife and children (minor), TDS has been deducted. Now how can we claim Tds refund? As insurance proceeds received on the death o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the insured are tax free. Pls help. Reply By CASusheel Gupta: The Reply: File Income Tax return to claim refund. Declare the insurance amount received as tax free income and also declare all other ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxable income.
CA Susheel Gupta
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Reply By DR.MARIAPPAN GOVINDARAJAN:
The Reply:
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