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Insurance premium paid by Partnership Company

This query is : Resolved 

25 March 2022 HI

Please clarify Insurance premium [Life Insurance] paid by Company [Partnership Firm ] for Partners is eligible to take expenses u/s 37(1)

26 March 2022 No, such expenses not allowed.

26 March 2022 Thanks for your Advise Sir

26 March 2022 You are welcome...........


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