45. Taxation of Life Insurance Payout on Death, Maturity or Surrender | Sec. 10(10D)

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Taxation of Life Insurance Payout on Death, Maturity or Surrender | Sec. 10(10D)
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money received from a life insurance policy
life insurance payout on death
life insurance payout on maturity
life insurance payout on surrender
insurance maturity
section 10(10d)
tax on life policy
sec. 10(10d)| taxability of ulip maturity
section (10d) of income tax act 1961
income tax rules for life insurance maturity
income tax on life insurance policy
is life insurance maturity tax free
how to get tax exemption under section 10(10D)
what is ulip
how ulip works
unit linked insurance plans
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16 сен 2024

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Комментарии : 170

@StudyAtHome 11 месяцев назад

✅Stay in Touch with CA Raj K Agrawal by following him on all his social media - linktr.ee/CARajKAgrawal

@prateekg1423 9 месяцев назад

Sir I'm a big fan of Yours, because itne bhadiya तरीके से कोई नही samjhata. Mujhe to pehle IT samjh hi nhi ata tha, but jab se apki videos se padhna start kiya he, Taxation padhne me alag hi mja ata he. Thnks for Your regular tax videos.

@StudyAtHome 9 месяцев назад

You're always welcome! Delighted to know that you like my lectures 😊 Keep Watching!

@CS-BANTI. 9 месяцев назад

Same ❤

@payalmalviya8489 7 месяцев назад

We r so lucky to have u as a teacher ❤️

@StudyAtHome 7 месяцев назад

Thank you! 😊🙌

@gouribhagat7004 Месяц назад

Sir your teaching style is incredible.The way you give clarity to each and every point is helping us understand and retain the concept.we are blessed sir for a teacher like you.

@StudyAtHome Месяц назад

Thank you so much! I’m thrilled to hear that my teaching style is helping you.

@Muslim-or1bz 6 месяцев назад

I had saw videos of many teachers but you are the best among all of them hope you will continue to upload this type of content in future

@StudyAtHome 6 месяцев назад

Thank you!

@kajuu0805 6 месяцев назад

Thanku so much sir❤.....wo student jo lec nahi le sakte unke liye aap bhagwan ho❤😌......god ji apko bahot khush rahe😇

@StudyAtHome 6 месяцев назад

You're always welcome and thank you for your wishes! 😊🙌

@Aditi_diary 9 месяцев назад

Thank you so much sir... You made this subject more interesting by adding the fact behind the law .. I'm grateful to you for this knowledge🙏✨

@StudyAtHome 9 месяцев назад

So nice of you

@ramakantpandey3837 18 дней назад

Bahut sahi class hai sir

@ShivamJha-pu8tv 6 месяцев назад

The examples given by u during the lectures are really helpful to understand the concepts in a better way sir.

@StudyAtHome 6 месяцев назад

Glad to know that! Keep watching!

@vishalratnaparkhe7 4 месяца назад

Really helpful lecture🥺🥳 Thank you thank you so much sir ❤

@StudyAtHome 4 месяца назад

Most welcome 😊

@KamalAggarwal-vs8cp 2 месяца назад

Significan demo nd clear cut methods of explaining

@user-bl9on6ud2q 11 месяцев назад

Sach me sir...apke iss lecture me maza aa gaya ...mujhe kafi jankari bhi hui hai....qki Mai LIC ka bhi kaam karta hu ..thanks a lot sir 🎉🎉❤❤❤❤❤❤

@StudyAtHome 11 месяцев назад

Glad to know that this lecture helped you gain extra knowledge!🙌

@abhedkant 11 месяцев назад

Each and every part of the video is awesome but example of keyman insurance I like the most.Thank you sir

@StudyAtHome 11 месяцев назад

You're Welcome! Glad you liked it!

@zeeshankhan90122 11 месяцев назад

GREAT TEACHER WITH GREAT EXPLAINATION

@StudyAtHome 11 месяцев назад

Thank you so much! Glad you liked it😊

@lavkushnamdev134 10 месяцев назад

Aapke padhane ka tareeke bahut acha hai 💯💯💯💯

@StudyAtHome 10 месяцев назад

Thank you! Glad you liked it!😊🙌

@manojkumar-dw6ev6fd9m 4 месяца назад

Thank u God for sending him in our life 😊😊😊

@StudyAtHome 4 месяца назад

😇

@ankitjha2 11 месяцев назад

Thank you sir understood everything smoothly ❤️

@StudyAtHome 11 месяцев назад

Always welcome!

@Varun-ur9qd 2 месяца назад

thank you Sir now i must secure the Rank in Ca inter.

@rishabhmishra4855 9 месяцев назад

Thank you sir for making the concepts more clear and logical hats off to your efforts

@StudyAtHome 9 месяцев назад

You are most welcome! Keep watching!

@demon04x 3 месяца назад

Thank you sir ❤🙌🏻 wonderful lecture 🎉

@StudyAtHome 3 месяца назад

😇

@hackerbeluga 9 месяцев назад

clear hai sir

@StudyAtHome 9 месяцев назад

Great!

@RajSharma-wu3un 8 месяцев назад

Kindly quote an example for calculation of taxable amount at the time of maturity. Basically I want to know whether indexation benefit is available.

@RAM-x3l2y 11 месяцев назад

SIR WILL YOU MAKE PLAYLIST FOR GST FOR THE ASSESSMENT YEAR 24-25. I AM ADDICTED TO YOUR TEACHING OF THIS SUBJECT . PLEASE UPLOAD FOR GST ALSO SIR 🙏🙏🙏🙏

@StudyAtHome 11 месяцев назад

Thank You! The GST Playlist is already uploaded and Amendments along with the newly added topics will be uploaded for the May/June '24 attempt. Watch from here - ru-vid.com/group/PLyY2ccCWylAozEb7wfWYjPAJjCiKoNRP4&si=4jV9yKFognr7EqUm

@mukeshkumarrustagi6955 23 дня назад

sir you havent discussed about surrender of a policy or partial withdrawal

@yashsoni4727 7 месяцев назад

Sir i have a question regarding the last point 5,here during maturity what is taxable sum assured, bonus ,or both?

@saniyamehandistudio8828 Месяц назад

Sir please tell me the difference of Marginal relief and Rebate 🙏🏻🙏🏻🙏🏻

@HoneyMJain 7 месяцев назад

Clarity at its peak..thank you sir 🙏

@StudyAtHome 7 месяцев назад

You're most welcome 😊🙌

@Niyantadanawala 8 месяцев назад

You have explained this topics so well sir Thank you !!

@StudyAtHome 8 месяцев назад

You're always welcome!

@Armaan-j9o 24 дня назад

Amazing

@StudyAtHome 24 дня назад

Thanks

@vanshgupta6397 20 дней назад

Thank you sir.❤❤❤❤

@StudyAtHome 20 дней назад

Welcome 😊

@AnandKumar-lu6ge Месяц назад

But sir u have told that before 2012 there was 20% premium of sum insured

@pavank5497 5 месяцев назад

AMAZING LECTURE ❤❤❤ THANK YOU SIR 🙏🙏🙏

@StudyAtHome 5 месяцев назад

It's my pleasure to assist you!😊

@khushimaheshwari 2 месяца назад

best

@StudyAtHome 2 месяца назад

Thanks

@Uzi-i5p 2 месяца назад

Sir pli p bhi exemption milega on maturity but tds deducted . Premium 10% se km h sum insured

@allrounderguru9012 11 месяцев назад

Thank you so much sir 🙏🙏

@StudyAtHome 11 месяцев назад

Most Welcome

@debashisganguly6680 6 месяцев назад

Thank you sir for the information and the lecture with logic❤.

@StudyAtHome 6 месяцев назад

It's my pleasure! Keep watching! 😊

@thatgossipgirl976 9 месяцев назад

Thank you sir🙏

@StudyAtHome 9 месяцев назад

Most Welcome

@prakashroy1780 11 месяцев назад

Thankssss sir💜

@StudyAtHome 11 месяцев назад

You're Welcome!

@empoweringsingh1973 Месяц назад

Hello Dear , Thanks for sharing educational Videos. I bought Max life Life Gain 20 policy .Its was Participating policy in 2013 and made investment of 1.5 Lakh in 6 years . In 2023 , I surrender the policy with loss of 25K . Can i book loss of 25K ? In which head of Income Tax I can file losses . Thanks .

@sakshi3275 9 месяцев назад

Thank you sir❤️

@StudyAtHome 9 месяцев назад

Most welcome

@chandanSinghhhh 7 месяцев назад

Sir agar premium pure 10% hi ho to exempt hoga na?? In case of insurance policy issued on or after 1/4/2012.

@StudyAtHome 7 месяцев назад

Yes

@Papa_hoon 5 месяцев назад

AMAZING lecture ❤ All clear🙏 thanks for the lectures.

@StudyAtHome 5 месяцев назад

You're most welcome.😊

@itsme-sneha 4 месяца назад

You explained it so good sir 😶

@StudyAtHome 4 месяца назад

😇❤

@BKumar6677 11 месяцев назад

बहुत बहुत धन्यवाद सर🙌

@StudyAtHome 11 месяцев назад

You're Welcome!

@SumitChaudhary512 8 месяцев назад

Nice explanation sir everything is understood ❤

@StudyAtHome 8 месяцев назад

Glad to hear that! 🙌😊

@PriyankaChoudhary-mt1jj 8 месяцев назад

Thank you so much sir for the lectures 😊

@StudyAtHome 8 месяцев назад

You're most welcome! 😊

@SanjitSaw-ih9lo Месяц назад

Thank you so much sir 🎉🎉

@StudyAtHome 26 дней назад

Welcome Dear

@reenajha5399 6 месяцев назад

Tysm sir❤ very much helpful lecture we learn a lot 🙏🏻💫

@StudyAtHome 6 месяцев назад

It's my pleasure! Keep watching! 😊🙌

@sukirti-y4j 2 месяца назад

great help

@niranjanas4383 5 месяцев назад

Thank you sir

@StudyAtHome 5 месяцев назад

Welcome!😊

@cainterstudent5763 9 месяцев назад

❤️❤️❤️❤️sir u made tax so easy for us

@StudyAtHome 9 месяцев назад

Thank you! I'm delighted that you found my lectures helpful! 😊

@somamukherjee8652 2 месяца назад

Sir in 7:19 me aapne kaha 1 lac ki income kam hone pe 30% ki tax save hogi yiska reason?

@prahaladsingh9643 6 месяцев назад

Great session sir ! thanks

@StudyAtHome 6 месяцев назад

Always welcome!

@Armaan-j9o 6 месяцев назад

Valuable lecture

@StudyAtHome 6 месяцев назад

Glad you found it valuable! Keep watching!

@SahilKumar.05 11 месяцев назад

Awesome lecture sir

@StudyAtHome 11 месяцев назад

Thanks for liking! Keep Watching.

@caaspirant_2820 6 месяцев назад

Thanks a lot sir.. great lecture🙏❤

@StudyAtHome 6 месяцев назад

You're most welcome! 😊 Glad you liked it! 🙌

@AITOKNOworld 11 месяцев назад

Better than prime sir ❤❤❤❤❤

@StudyAtHome 11 месяцев назад

Thank You!

@tanyasingh2955 9 месяцев назад

thank you sir

@StudyAtHome 9 месяцев назад

You're welcome!

@mr.shader6663 11 месяцев назад

Sir how are you now? Get well soon

@StudyAtHome 11 месяцев назад

He is better now. Thank You for your prayers and support!

@zeeshankhan90122 11 месяцев назад

SIR THANK YOU SO MUCH ,,

@StudyAtHome 11 месяцев назад

You're always welcome!

@rohitjindal6807 11 месяцев назад

Amazing outstanding sir ❤

@StudyAtHome 11 месяцев назад

Thanks a lot! 😊

@sanam3665 2 месяца назад

what are the tax implications of the pension received after the deferment period ; for example when a person purchases 1 Cr policy what will me the tax on the pension received after the deferment period of 10 to 12 years of LIC jeevan Shanti plan

@StudyAtHome 2 месяца назад

Exempt

@sanam3665 2 месяца назад

@@StudyAtHome it is taxable not exempt , Check again ,I thought u knew ? I just don't know at what rate.

@sidhesh15 11 месяцев назад

Thank you sir maza aagya

@StudyAtHome 11 месяцев назад

You're Welcome!

@mdjahangiralam1009 11 месяцев назад

Sir you are amazing

@StudyAtHome 11 месяцев назад

Thank you so much!

@rakshitagola209 3 месяца назад

Sir aapne last video m btaya tha ki life insurance policy ka paisa , in case of death family members ko ifos m taxable hota hai, or iss video m exempt likha h

@StudyAtHome 3 месяца назад

You'll have to watch the video properly. It's normally exempt but I have discussed certain situation where it's taxable. For ex. Keyman Insurance Policy, ULIP premium exceeding 2.5 lakh etc.

@suyasha278 11 месяцев назад

Outstanding ❤

@StudyAtHome 11 месяцев назад

Thank You!🙌

@harisharma3608 Месяц назад

Sir in case of a disable person , policy taken before 1.4.2013 , premium can be 20% for to exempt the sum assured or not

@StudyAtHome 25 дней назад

Prior to 1/4/2012 it is 20%. But aap ye samajhiye ki 20% se zyada premium wali 2012 se phle ki policy ab bachi hi nahi hogi ki aaj bhi premium jaa rha ho issliye padhne ki requirement nahi hai ise.

@lavkushnamdev134 10 месяцев назад

Sir mai aapki har video ko like karta hu 😊😊

@StudyAtHome 10 месяцев назад

Thank you so much for your support! 🙌

@MarcusAgrippa-vi5gq 3 месяца назад

Sir I also have one more doubt From point 1 to point 4 it was written ki "any sum received" pr point 5 me likha hai ki " Income from investment in Life Insurance Policy" toh kya cases 2,3,4 mein full sum received exempt hoga in case of death and in case 5 only income will be exempt Sir please answer this doubt also.

@arpitsharma9945 7 месяцев назад

Sir isme taxable konsa amount rahega maturity ka poora amount ya deposits premium ko hata ke jo excess Milne wala amount.

@RudrarajGohil0807 7 месяцев назад

Hi sir private company jese ICICI and Bajaj tata pension plan he to kese death benefit work karta he please share

@pranavsingh5572 8 месяцев назад

thank you sir

@StudyAtHome 8 месяцев назад

Most welcome!

@ppsahoo123 6 месяцев назад

On maturity,does the premium what we paid for sum assured be taxable or the bonus?

@neerajsharma-ei2jd 8 месяцев назад

Sir, if policy issued on 1.4.2012 and premium amount is exceed 10% of sum assured. In every 5 year assesse received 2,50,000 rupees from insurance company till maturity . What is treatment of these 2,50,000 received before maturity.

@madhuri7418 8 месяцев назад

It's clearly mention policy issue "on" or "after" 1/4/2012....

@ksharma1234 7 месяцев назад

What if premium is exactly equal to 10 percent of sum assured

@payalmalviya8489 7 месяцев назад

Then it is exempt if it exceeds 10% then it is taxable

@MiMi-ht7om 11 месяцев назад

Nice ❤

@StudyAtHome 11 месяцев назад

Glad you like it!🙌

@MarcusAgrippa-vi5gq 3 месяца назад

Sir I have 3 doubts 1 In case of ULIP issued on or after 1.2.2021 where premium or aggregate premium exceeds 2.5L then will the amount received on surrender of such policy will also be taxable 2 In case of 5th point how will we calculate "Income from Investment in Life Insurance Policy". And in this case also will amount received on surrender be taxable. 3 Sir point 1 to 4 mein likha hai " Any sum received" pr point 5 mein likha hai " Income from investment in Life Insurance Policy" toh sir kya cases 2,3,4 mein full amount received on death will be exempt and case 5 mein only Income will be exempt. Sir please answer these doubts. Sir please answer these doubts.

@sanjeevtigga3839 3 месяца назад

1- taxable 2- taxable 3-taxable incase other than death

@teachnicalshubhamshaw2937 11 месяцев назад

Sir articleships ke upar video banaiye 🙏🙏🙏

@StudyAtHome 11 месяцев назад

Okay, will try to make a video on it in future!

@RudrarajGohil0807 7 месяцев назад

Pension plan me death benefit taxable he k nathi

@liklik8180 4 месяца назад

Can you tell taxability of Jeevan shri policy sum assured is 25 lakhs, tenure 20 years, single premium paid 14 lakhs and maturity amount is 50 lakhs, policy issued on 2004. whether maturity amount is taxable? single premium is more 20%, but if you take annual equivalent premium 14/20 = 70,000 is less than 20% of sum assured, is the maturity amount taxable. lic has not deducted tds while giving the maturity amout.

@StudyAtHome 4 месяца назад

Maturity is taxable

@liklik8180 4 месяца назад

The new circular of 2023 means all policies maturity issued before 2023 exempt under 10.10.d?

@liklik8180 4 месяца назад

The percentages of earlier years are not valid any more?

@sidhesh15 11 месяцев назад

18:56 sir phle toh normal ke liye bhi 20% tha na toh case 1 may exempt nhi hoga

@StudyAtHome 11 месяцев назад

It was 20% before 01.04.12 but the policy date in question is 01.06.12

@ManjeetSingh-x6z 8 месяцев назад

Sir, LIC surrendered karne se amount receive hua hai toh kya vo bhi section 10 (10D) mai exempt hota hai?

@ManjeetSingh-x6z 8 месяцев назад

Sir, amount received From road accident Claim ordered by The motor accident claims tribunal (Principal or interest amount both) kya income tax mai exempt hota hai ? 2.Agar yes toh kis section mai? 3. Kya Es claim per mila interest Taxable hoga? Ya Taxable nhai hoga? 4.Sir, es topic per proper information youtube ke kisi bhi channel per available nhai hai please sahi marg darshana karne.

@RAM-x3l2y 11 месяцев назад

sir then can we order the nov23 attempt's gst books for may24 exams

@StudyAtHome 11 месяцев назад

GST 2024 book is already available, you can buy it from here- bit.ly/3OwBkfe

@akashkamath77 9 месяцев назад

Sir, is the only differential amount which we receive from LIP (Sum assured including bonus - Total premium paid) exempt or the whole amount which we receive at the end is exempt. Further, if I have claimed deduction for my premium expenses can I claim the exemption on sum assured too. Will it not be like twice the deduction of the policy amount?

@StudyAtHome 9 месяцев назад

The entire amount is exempt. Tumhare khud ke paise ko jo tumne deposit kiya hai, wo kaise taxable ho sakta hai? Jo paisa hum invest karte hain wo humne kamaya hai aur jab kamaya hai to tax diya hai uspe to phir jab invest karenge aur maturity pe wahi paisa wapas milega to kya dubara taxable ho jana chahiye? Simple bhasha me samjho, maine apne kamaye hue paise jispe tax diya tha, wo gullak me dale phir kuchh din baad gullak phod ke wapas nikal liye, to kya ye taxable ho jana chahiye?

@akashkamath77 9 месяцев назад

Got it clearly Sir. Thank you for your response 🙏