Mediclaim of director paid by Co-operative Bank

This query is : Resolved 

18 February 2011 Dear Sir / Madam,
Mediclaim premium of director paid by Co-operative Bank.. Is it a allowable expense as per co-operative exact?
pls rp.

18 February 2011 No it is not allowable. If premium is paid under Group mediclaim policy, in that case it is allowable.



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