If I am Proprietor and I have to take employer employee plan on the name who are working with my co. can I get Income tax benefit under section 37
Total Comments: 1
Posted: Tue May 29, 2012 06:56 am Post Subject: Tax for employer
Section 37 of the Income Tax Act treats the premium payments for insurance as business expenses by the employer. The claim amount by the company will not be exempt from taxation.
Posted: Tue May 29, 2012 06:56 am Post Subject: Tax for employer
Section 37 of the Income Tax Act treats the premium payments for insurance as business expenses by the employer. The claim amount by the company will not be exempt from taxation.
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