Any some received under key man insurance policy taken on the life of – McqOptions

MCQOPTIONS

1.	Any some received under key man insurance policy taken on the life of the employee shall be ..........................
A.	taxable under the head business or profession
B.	taxable under the head income from other sources
C.	taxable in the hands of employee
D.	exempt from tax
Answer» B. taxable under the head income from other sources

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