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Medical allowance under salary head upto 15000

This query is : Resolved 

09 May 2012 Hi All,

I am preparing Form 16, i have some question for Medical allownace. in f16 where i put the figure. or taxable salary after lees 15,000


Thanks
padam

09 May 2012 Medical Allowansce is not part of salary, therefore will not be shown in form 16.

09 May 2012 i) Medical allowance forms part of salary as per section 17(1), accordingly entire amount paid is taxable and should be shown in clause 1(a) of part B of form 16.
ii) If it is a reimbursement in respect of expenditure actually incurred for medical treatment, such payment is covered under proviso (v) of section 17(2)(viii), accordingly should be routed through clause 17 of form 12BA read along with clause 1(b) of part B of form 16.

09 May 2012 Agreed with Shri B.Chackrapani Warrier.


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