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Case law › Section 194DA

Section 194DA

What section 194DA does, and where it sits. This library holds no authority that turns on it.

No authority in this library turns on Section 194DA. That is a statement about this library and not about the law: it means no judgment, circular or instruction held here decides a point under it. What the provision does is explained below. If you are looking for a decision on it, say so through the search box — a provision people search for and we hold nothing on is the most useful thing we can be told.

Explained in this library

What section 194da does, in plain English, before you read what the courts made of it.

When a life policy or a ULIP stops being tax free

My client's policy carries a large premium. Is the maturity amount still exempt under s.10(10D), and if it is not, how is it taxed?