https://www.taxtmi.com/acts?id=51561 Premiums paid for insurance against damage or destruction of business stocks or stores, premiums paid by a federal milk co operative to insure the lives of cattle owned by members of a primary supplying society, and employer-paid (non-cash) premiums for employee health insurance under a scheme effected through an approved insurer are allowable deductions in computing income chargeable under the business profit provisions. en-us Wed, 13 Aug 2025 18:42:41 +0530 Sat, 23 Aug 2025 12:34:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51561 Premiums paid for insurance against damage or destruction of business stocks or stores, premiums paid by a federal milk co operative to insure the lives of cattle owned by members of a primary supplying society, and employer-paid (non-cash) premiums for employee health insurance under a scheme effected through an approved insurer are allowable deductions in computing income chargeable under the business profit provisions. Act-Rules Income Tax Wed, 13 Aug 2025 18:42:41 +0530 https://www.taxtmi.com/acts?id=51561