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Domiciliary treatment
Hi
Retired Bank employee.Amount reimbursed from insurance company to hospital. Is that amount comes under taxable or is it exempted.Please suggest
Replies (4)
Any amount received from the Insurance company under a medical policy will not be treated as income of the insured person as it is not a profit or income to the insured person but only a reimbursement.
Thanks sir .
Is it necessary to mention / show in IT Returns.
No need.
It is not taxable and no need to show in IT return.
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