Poonawalla fincorps
Poonawalla fincorps

taxability of mediclaim ploicy reimbursement

This query is : Resolved 
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(Querist)
27 March 2011 i have paid medicliam policy premium for F.Y.2009-10 which deductable us 80 D & I have received compensation for hospitaility whether compasation received is taxable or exempted under income tax act 1961?
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
27 March 2011 It is received against expenses made by you and hence not taxable.

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