Credit on mediclaim to staff

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37 Points Posted on 12 October 2020
Sir,
Can I take credit against Mediclaim for corona provided to my Office and factory staff.

Thanks in advance
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On 12 October 2020 at 10:35 Report
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Quick Summary
This discussion addresses the eligibility of claiming Input Tax Credit (ITC) on Mediclaim expenses for COVID-19 treatment provided to office and factory staff. While Section 17(5) generally blocks ITC on health insurance, the importance of this expense warrants clarification from the government. The hope is for a forthcoming circular or press release to resolve this issue.

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Student
23693 Points Posted on 13 October 2020
As per the Provision of Section 17(5), the ITC on Health Insurance is Blocked. But since it is a very important expenses, we need some clarification from the Government side. I Hope the government will bring a Circular or any Press Release to explain this problem.
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On 13 October 2020 at 01:48
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37 Points Posted on 13 October 2020
Thank you very much Sir
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On 13 October 2020 at 12:18
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Student
23693 Points Posted on 13 October 2020
Your Most Welcome Sir...🙏
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On 13 October 2020 at 14:04

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