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Mediclaim

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 April 2013 I have received medi claim from insurance co. so I just wanted to know whether it is credited P & L a/c. or should be credited to my capital A/c. Whether it is Taxable or Not?
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
19 April 2013 As it a capital receipt not taxable in income tax.
capital account.

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