Mediclaim paid by company for employees

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This query is : Resolved

Rahul J Sangani (Querist)

25 February 2013 issue 1:one Pvt Ltd company (A. Ltd) is paying insurance premium on behalf of its employee and such employee also covers its sister concern's (B. Ltd)employees. in future it can be said that B. Ltd employees are on payroll of A.ltd. or are the employees of A.ltd.

Issue 2: Can A.Ltd can raise Debit note on B Ltd for recovering of such expenses.

@VaibhavJ

@VaibhavJ (Expert)

25 February 2013 Hi,

No it can not be said B. ltd employees ar eon payroll of A ltd. only on the basis of Ins. Perm. Paid.

Yes, A ltd. can raise Debit Note for recovering such expenses.

Thanks!!

CA Ayush Agarwal

CA Ayush Agarwal (Expert)

25 February 2013 Your First Query is Not Clear.

"Such Employees Also covers its Sister Concern employees."
What Does it Mean ?

Rahul J Sangani

Rahul J Sangani (Querist)

25 February 2013 CA Ayush Agarwal

insurance premium paid by company covers employees of A. Ltd and B ltd (Sister concern)

CA Ayush Agarwal

CA Ayush Agarwal (Expert)

25 February 2013 Ok, Got it.

Agreed With Vaibhav.

@VaibhavJ

@VaibhavJ (Expert)

25 February 2013 Thanks for confirmation Ayushji.. Appreaciate the way you scrutinise query before coming on conclusion.. Many things to be learned from Mentor like you..

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