In my company we are only 13 Employees. No Insurance company is willing to provide us the Medical Insurance Coverage under group insurance policy.
However, as per our Global company policy, we are entitled to the Medical Benefits.
My question is if I use my company's credit card / personal credit card to buy Medical Insurance, and then claim the same under my Annual Savings Investment (u/s 80 D), would that be a tax evasion on personal front. Is there any implication on my organisation for doing this.
CAclubindia
