Whether medical insurance claim received from insurance company taxable or not
is insurance company liable to deduct TDS before reimbursement of medical calim
plz explain
1. medical insurance received from company is part of salary hence taxable. how ever you can get deduction u/s 80D for the same
2. any payment received from insurance company is not liable to tds.
for more details click below:
Complete Guide for Medical Insurance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
