Dear all..
i want to know that whether claim received on health insurance policy is taxable or not??? and if not taxable, then under which section????
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Tax on claim received on health insurance
Replies (1)
Dear Sumit,
Claim of Health Insurance is re-imbersement of your actual cost and does not fall under the defination of income. Accordingly not charbele to tax.
Regards
Juzer
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