Eligibility of service tax for mediclaim insurance
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....ligibility of service tax for mediclaim insurance<br> Query (Issue) Started By: - DEBABRATA ROY Dated:- 20-3-2008 Last Reply Date:- 21-3-2008 Income Tax<br>Got 2 Replies<br>Income Tax<br>WHETHER SERVI....
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....CE TAX AMOUNT IS ALSO ELIGIBLE FOR MEDICLAIM INSURANCE PREMIUM U/SEC 80D.PL PROVIDE DETAILS OF CIRCULAR,NOTIFICATION OR ANY OTHER INFORMATION TO SUPPORT Reply By Surender Gupta: The Reply: No circula....
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....r, notification or any other authenticated information is available as of now. We hope the govt. would clarify the matter in due course. Reply By V Ramanujam: The Reply: As per 80D of IT Act 'any sum....
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.... paid to effect or to keep in force an insurance on the health....' is eligible for deduction. Service tax on mediclaim is a statutory levy which is to be paid along with premium to keep in force the ....
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....policy. Thus, it is the amount paid towards mediclaim insurance and should be eligible for deduction.<br> Discussion Forum - Knowledge Sharing ....