Mediclaim received
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 October 2012
what is the treatment of mediclaim received in a proprietor's books as well as in statement of total income while calculating income tax
please reply as soon as possible.
please reply as soon as possible.
05 October 2012
Mediclaim amount must have been received after some expenses have been incurred. So if you net off against the expenses no credit will remain.
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