Can we claim ITC on Corporate Medical insurance to insurance company for our employees

Can we claim ITC on Corporate Medical insurance to insurance company for our employees
Replies (4)
Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on corporate medical insurance premiums paid for employees. The general consensus is that ITC is not available for such insurance unless it is made mandatory by law. Therefore, for standard corporate medical insurance policies, claiming ITC is typically not permitted.

Can we claim ITC on Corporate Medical insurance paid to the insurance company for our employees..?

No you cannot ITC in this case
ITC will be available only if such insurance is mandatory under any law otherwise it is not available
Yes it's not available

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