Insurance premium paid by Employer on the endowment policy taken on the life of the employee, is whether subject to tax in the hands of the employee or is liable to FBT. If liable to FBT, under what category and what rate.
Jitendra Mehta (Service) (48 Points)
04 December 2008Insurance premium paid by Employer on the endowment policy taken on the life of the employee, is whether subject to tax in the hands of the employee or is liable to FBT. If liable to FBT, under what category and what rate.
Jitendra Mehta
(Service)
(48 Points)
Replied 08 December 2008
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