taxability of mediclaim ploicy reimbursement
This query is : Resolved
27 March 2011
i have paid medicliam policy premium for F.Y.2009-10 which deductable us 80 D & I have received compensation for hospitaility whether compasation received is taxable or exempted under income tax act 1961?
27 March 2011
It is received against expenses made by you and hence not taxable.
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