Expense Allowable or not

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Accounts Service
331 Points Posted on 22 September 2020
Dear All
if medical insurance is paid by Private limited company then these type of expenses allowed of company book profit.

regards
Rohit Bhatia
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On 22 September 2020 at 00:31 Report
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Quick Summary
This discussion explores whether medical insurance and life insurance premiums paid by a private limited company are considered allowable expenses for company profit. It seeks to clarify the tax deductibility of these types of insurance costs when borne by the business.

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Accounts Service
331 Points Posted on 22 September 2020
And life insurance paid by company then expense allowable
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On 22 September 2020 at 08:36
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Accounts Service
331 Points Posted on 22 September 2020
Both Medical insurance or medical exps cliam in expense head of company profit
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On 22 September 2020 at 19:43

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