I want to know if service tax paid on health insurance premium is also eligible for deduction u/s 80D ?
Service tax on health insurance premium.
Babua Banerjee (Accountant Junior Tax Practitioner) (123 Points)
05 July 2016Babua Banerjee (Accountant Junior Tax Practitioner) (123 Points)
05 July 2016I want to know if service tax paid on health insurance premium is also eligible for deduction u/s 80D ?
CA Krishna Kumawat
(CA)
(136 Points)
Replied 05 July 2016
Service tax paid on medical insurance premium will not be allowed U/S 80D. Deduction U/S 80D can be claimed only on the amount paid as Premium and not on the service tax levied thereon.
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 05 July 2016
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India