Insurance premium
This query is : Resolved
JAYAKUMAR.M.G
(Querist)
09 March 2015
Dear Experts
In respect of Insurance Premium paid ( Medi Claim & Life Insurance , Employer not allowing the Srvice Tax portion of Insuarance premium. Whether it is correct as per Income Tax Rules ?.Kindly clarify and also advice with relevant clause of Income Tax Laws
Thanks in Advance
In respect of Insurance Premium paid ( Medi Claim & Life Insurance , Employer not allowing the Srvice Tax portion of Insuarance premium. Whether it is correct as per Income Tax Rules ?.Kindly clarify and also advice with relevant clause of Income Tax Laws
Thanks in Advance
09 March 2015
No, service tax paid on medical insurance is not allowed for deduction u/s 80D.
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JAYAKUMAR.M.G
(Querist)
09 March 2015
Can you suggest the relevant provisions in law
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