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accident insurance policy

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 April 2010 an employer pays a accidint insurance policy for the benefit of his employee?

is it taxable in the hands of the employee?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
04 April 2010 if it is group Insurance it is not taxable
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G.Ramesh

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G.Ramesh (Expert)
04 April 2010 Agreed with Mr.CMA.Ramesh
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
04 April 2010 yes, group insurance is not taxable.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
05 April 2010 AGREE
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
05 April 2010 agree with expert

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