Laws / Income Tax Law / ৯৯
৯৯ - Deduction of tax from any payment in excess of premium paid on life insurance policy
99. Deduction of tax from any payment in excess of premium paid on life insurance policy.— Any person responsible for making payment to a resident, any sum in excess of premium paid for any life insurance policy maintained with any life insurance company, shall, at the time of payment of such excess amount to the po...
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