Survival Benefit Received on Death of Father Exempted from Income Tax u/s 10(10D): ITAT [Read Order]

Survival - Benefit - Death - Father - Exempted -Income - Tax - TAXSCAN

The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the survival benefit of Rs. 2.25 lakhs on death of his father received by him was an exempt income under Section 10(10D) of the Income Tax Act, 1961. Further, the bench observed that an assessee can raise points of law even through…

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