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Group mediclaim premuim as business expense

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(Querist)
21 February 2011 pl let me know under which section of IT Act Group Medicalim Premium is considered as business expense?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
21 February 2011 section 36(1)(ib) of Income Tax Act 1961.
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
21 February 2011 Any Premium paid for keeping in force an insurance on the health of his employee ia allowed as deduction u/s 36(1)(ib)of the I.T.Act
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