Compensation to worker


This query is : Resolved 

Quick Summary
If a worker dies in an accident on your business premises, you may be able to claim compensation paid to their family as a business expense. This includes hospitalization costs and payments made to the family. It's crucial to retain all invoices and receipts as proof of expenditure for tax purposes.

15 September 2024 one worker was died in accident occurred in business premises, Due to death of that worker Business owner has incurred hospitalization expense of that worker around 4 lakh , but unfortunately worker was died and business owner has paid another 4 lakh to his family member, Than 8 lakh will be allowed as business expenditure or not ??




15 September 2024 Yes, subject to insurance claim/s.

15 September 2024 No insurance was not available, owner paid that amount from business

15 September 2024 Yes, can claim. Keep all the invoices & receipts intact.


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