TaxTMI 
TaxTMI 
insurance of employee
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....nsurance of employee<br> Query (Issue) Started By: - d.v. gupta Dated:- 4-3-2011 Last Reply Date:- 4-3-2011 Income Tax<br>Got 1 Reply<br>Income Tax<br>sir, whether insurance premium paid for emplyees....
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.... life deductible as business expediture.if deductible as business expenditure, premium will be added to salary of employee. Reply By CA Rachit Agarwal: The Reply: No premium will not be required to ....
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....be added to salary of employee. Insurance premium on employees is deductible expenditure. However please note that insurance of employees is deductible under general deductions under Section unlike ....
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....insurance on plant & machinery which is deductible u/s 31.<br> Discussion Forum - Knowledge Sharing ....