claim received in against medical policy
This query is : Resolved
04 March 2010
what is the tax treatment of mediclaim received in the hands of receiver
CMA.Palani Arumugam
(Expert)
04 March 2010
Claim received against Mediclaim is not an income in the hands of receiver. It is just a reimbursement of the expenses.Hence, not taxable.
CMA Ramesh Krishnan
(Expert)
07 March 2010
Agreed not taxable
CA Ravi Sisodia
(Expert)
07 March 2010
not taxable
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