Insurance premium paid by Partnership Company
This query is : Resolved
Quick Summary
Murugesan K
(Querist)
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)
Please clarify Insurance premium [Life Insurance] paid by Company [Partnership Firm ] for Partners is eligible to take expenses u/s 37(1)
CA R SEETHARAMAN
(Expert)
26 March 2022
No, such expenses not allowed.
Murugesan K
(Querist)
26 March 2022
Thanks for your Advise Sir
CA R SEETHARAMAN
(Expert)
26 March 2022
You are welcome...........
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