TMI Bloginsurance of employeeX X X X Extracts X X X X X X X X Extracts X X X X ..... sir, whether insurance premium paid for emplyees life deductible as business expediture.if deductible as business expenditure, premium will be added to salary of employee. - Reply By CA Rachit Ag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arwal - The Reply = No premium will not be required to be added to salary of employee. Insurance premium on employees is deductible expenditure. However please note that insurance of employees is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deductible under general deductions under Section unlike insurance on plant machinery which is deductible u/s 31. - insurance of employee - Query Started By: - d.v. gupta Dated:- 4-3-2011 Income ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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