ITC on health & term insurance

can we claim ITC in term policy and health insurance policy paid on behalf of partner.
Replies (2)
Quick Summary
This discussion clarifies whether Input Tax Credit (ITC) can be claimed on health and term insurance policies paid on behalf of a partner. The consensus is that such ITC is ineligible. This is explicitly covered under Section 17(5) of the relevant legislation, which details disallowed ITC claims.

No, It is Ineligible ITC.
No ITC available in such cases. Specifically covered under section 17(5) being disallowed

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