dear All
I'm GTA, shall i get itc on health insurance expenses?
4 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 20 August 2020
No, you can not take ITC on health insurance as it's blocked u/s 17(5) except if it's compulsory to take health insurance of driver as per any law/Act rule.
Gaurav Dixit
(124 Points)
Replied 21 August 2020
If it is compulsory for ur bussiness then u can avail the credit.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 24 January 2021
Not at all, you can't claim ITC of health insurance.
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