tax treatment for insurance claim received from insurance co.?



MY FRIEND IS AN EMPLOYEE OF FOOD CORPORATION OF INDIA , NAGPUR . AN AMOUNT OF RS. 191000/- WAS DIRECTLY PAID BY FCI TO THE HOSPITAL FOR HIS HEART TREATMENT RECENTLY.
BUT, AS HE WAS COVERED FOR AN AMOUNT OF RS. 200000/- TOWARDS A CRITICAL ILLNESS FROM BAJAJ ALLIANZ LIFE INSURANCE CO. , HE RECEIVED THE CLAIM AMOUNT SUBSEQUENTLY.
I WOULD LIKE TO KNOW THE TAX TREATMENT TO BE GIVEN FOR THIS CLAIM PROCEEDS FROM THE INSURANCE COMPANY. SOME OF MY FREINDS OPINED THAT THIS PROCEEDS WOULD NOT BE TERMED AS INCOME OF THE ASSESE

tax treatment for insurance claim received from insurance co.?
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