Medical re-imbursement
This query is : Resolved
18 May 2018
Medical re-reimbursement claimed by the proprietor of the business from the insurance company is taxable or not?
19 May 2018
There is no express provisions on taxability of proceeds received under a health insurance policy. However, there is a prevailing view that the claim settlement received by you may not to be treated as taxable, being a reimbursement of medical expenses incurred by you.
27 October 2021
Not Taxable.
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