I want to know the treatment of fire fighting expense in case of loss of profit policy claim computation..... Kindly post the answer
Menu
Insurance claims - loss of profit policy
Replies (1)
Fire fighting expense should be added to total loss.
You may refer to :
You also do an alternative treatment of leaving out the firefighting expense. then actual loss shall be Rs 4,70,000
and claim would be Rs 3,50,000/ 5,00,000 *4,70,000
Recent Topics :
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
Related Topics :
CAclubindia
