Personal accident insurance premium
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 March 2016
Rs.2600 paid towards personal accident insurance premium can be claimed as deduction under section 80C.
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.
29 March 2016
DEAR
IT IS NOT ALLOWED AS DEDUCTION
IT IS NOT ALLOWED AS DEDUCTION
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