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Medical re-imbursement

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(Querist)
18 May 2018 Medical re-reimbursement claimed by the proprietor of the business from the insurance company is taxable or not?
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CA Himanshu Ojha

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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.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 October 2021 Not Taxable.
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