100%income tax rebate on medical reimbursement by a company

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(Querist)


16 June 2012

Pl clarify full IT rebate is admissible on medical reimbursement made by by the company/office to his employee irrespective of the amount of reimbursement on indoor/hospitalization treatment.
A.s.jain


CA CS Amit S. Kedia (Expert)


16 June 2012

The amount of deduction will be the lower of the following two-

1.The medical amount reimbursed by the company on production of bills

2.Rs. 15000



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