Is two wheeler insurance claim taxable or not?

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Dear All,

 

Can anyone help me ?

Is two wheeler insurance claim is taxabe or not?

My bike was stolen on 15 sept. 2017 and still I am waiting for my claim.

 

Regards

Parveen Dhaiya

Replies (2)

Normally, not taxable 

Hello there! While this is an excellent question, you will be unable to obtain a tax exemption benefit on your two-wheeler insurance policy. This benefit is only available for health and life insurance policies.

Visit - https://www.shriramgi.com/bike-two-wheeler-insurance-online.H T M L

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