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?
CA Himanshu Ojha
(Expert)
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.
Dhirajlal Rambhia
(Expert)
27 October 2021
Not Taxable.
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