banner_ad

IT upon Employer-Employee insurance

375 views 8 replies
dear sir,
a public limited listed company becomes proposer and payer for insurance plan of it's directors. company pays the premiums regularly and claims this as expenses of company. before maturity, Insurance policies are assigned to directors and directors receive the maturity payouts. is this payout in the hands of a director tax free u/s 10(10d).
Replies (8)
amount of prem is re 10lakh how much amt we can claim under expenses for income tax benefits
company can claim up to 10 lacs and individual can claim up to 1.50 lacs.
For any employee or total amt 10lakh if premium exceeds more than 10 lakhs how much will claim
sir,question is not clear.
sir how much amount an company claims under employer employee scheme
100 percent of the premiums.
under which section
dear sir,
a public limited listed company becomes proposer and payer for insurance plan of it's directors. company pays the premiums regularly and claims this as expenses of company. before maturity, Insurance policies are assigned to directors and directors receive the maturity payouts. is this payout in the hands of a director tax free u/s 10(10d).


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details