Keyman Insurance Premiums for Directors and Employees Allowed u/s 37(1) of Income Tax Act.

Keyman Insurance Premiums for Directors and Employees Allowed u/s 37(1) of Income Tax Act. https://www.taxtmi.com/highlights?id=58870 Disallowance of keyman insurance policy of the director of the company paid - The premium paid for keyman insurance policy is allowable to the assessee u/s. 37(1) of the Act. Similarly insurance premium of the employee is also allowable to the assessee u/s. 37(1). - AT en-us Wed, 21 Jul 2021 10:08:07 +0530 Wed, 21 Jul 2021 10:08:07 +0530 TaxTMI RSS Generator Keyman Insurance Premiums for Directors and Employees Allowed u/s 37(1) of Income Tax Act. https://www.taxtmi.com/highlights?id=58870 Disallowance of keyman insurance policy of the director of the company paid - The premium paid for keyman insurance policy is allowable to the assessee u/s. 37(1) of the Act. Similarly insurance premium of the employee is also allowable to the assessee u/s. 37(1). - AT Highlights Income Tax Wed, 21 Jul 2021 10:08:07 +0530 https://www.taxtmi.com/highlights?id=58870