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Personal accident insurance premium

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 March 2016 Rs.2600 paid towards personal accident insurance premium can be claimed as deduction under section 80C.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
29 March 2016 Life Insurance Premium is allowed as deduction u/s 80C if its included in LIP then eligible but pure accidental insurance can claim as business expense not as deduction.
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Ankur Singhal

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Ankur Singhal (Expert)
29 March 2016 DEAR
IT IS NOT ALLOWED AS DEDUCTION
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