Insurance expenses itc allowed or not

Originally posted by : Yogendra Singh
	For both

For individual ITC not allowed in all the five...

Originally posted by : Yogendra Singh
	For both

For/ under in Business... It's based on the nature of expenses....

(1) life insurance - Yes, If it's provided to employees 

(2) health insurance - Yes, If it's provided to employees 

(3) general insurance - Based on Insurance Taken against...

(4) accident insurance - Yes, based on Taken..

(5) car or motor vehicle insurance etc - Based on business with that Motor vehicle...