17 June 2016
Can an employee claim a deduction u/s 80 D for group insurance? (Majority premium paid by employer and minority deducted from employee salary) ? If yes than why and if no than why not? Secondly nothing is mentioned in Form 16 and CTC of employee?
17 June 2016
Employee Share to the extent of his Contribution will be elegable for deduction, Employer contribution considered has perquisite and taxable