Good Morning!.
One of our employees paid Rs. 80000/- as car repair charges in cash, and he is claiming it from the company through reimbursement. As I understand above Rs. 20000/- cannot be paid in cash as per IT regulations.
What happens, if we reimburse this amount to the employee?
Also please clarrify what is disallowing as per income tax rules.
Regards/Suresh
Deduction in case of person with disabilty:
Eligible assessee: A resident individual, who, at any time during the previous year, is certified by the medical authority to be a person with diasabilty.
As per my opinion you should get it from Govt Hospital.
I am really sorry this post not for you... this was for other query.
Thanking you,
Suresh
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