In case the Key man insurance policy is taken in name of any other per – McqOptions

MCQOPTIONS

1.	In case the Key man insurance policy is taken in name of any other person any sum received on its maturity by such person shall be taxable under the head -
A.	Salaries
B.	Profits & Gains of Business or Profession
C.	Capital Gains
D.	Income from Other Sources
Answer» E.

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