Accidental insurance can be exempt


This query is : Resolved 

19 February 2013 i have a accedental insurance of oriental insurance,can take any tax benefit of that.
pls help.

19 February 2013 under salaried/ other income returns, you can take benefit of life and health insurance only.


However, if you are doing any business, premium paid for accidental insurance may be claimed as a business expense.


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