https://www.taxtmi.com/forum/issue?id=113929 Whether employer-paid life insurance premiums, where the employer is policy owner and pays premiums as a retention device, are deductible under Section 37; the reply states the premiums may be treated as revenue expenditure because they relate to the business. The document also raises but does not resolve tax consequences on assignment when the policy had a surrender value and on subsequent maturity proceeds received by the employee. en-us Fri, 06 Jul 2018 18:45:41 +0530 Thu, 23 Jan 2025 15:55:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113929 Whether employer-paid life insurance premiums, where the employer is policy owner and pays premiums as a retention device, are deductible under Section 37; the reply states the premiums may be treated as revenue expenditure because they relate to the business. The document also raises but does not resolve tax consequences on assignment when the policy had a surrender value and on subsequent maturity proceeds received by the employee. Discussion-Forum Income Tax Fri, 06 Jul 2018 18:45:41 +0530 https://www.taxtmi.com/forum/issue?id=113929