service tax paid on insurance premium

[Guest]

Service tax paid on life insurance premium and mediclaim insurance premium; whether deductible u/s 80C & 80D respectively ?

Thanks

S.Gupta

AI Summary

Service tax on life and mediclaim insurance premiums not deductible under sections 80C and 80D of Income Tax Act. A discussion on whether service tax paid on life insurance and mediclaim insurance premiums is deductible under sections 80C and 80D of the Income Tax Act concluded that the service tax portion is not eligible for deduction under these sections.