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Taxation

This query is : Resolved 

14 October 2008 Good Evening Sir,

I want to know that if a person receives Medical Allowance of Rs.15000/- pa is that a Taxable Allowance.
(I am little confused because Medical FACILITY is not a Taxable Perquisite, is there any connection between Medical Allowance and Medical FACILITY)

14 October 2008

14 October 2008 .

14 October 2008 The allowance refered by you is taxable as the same will be treated as Fixed Medical Allowance.

However medical reimbursement or incurred by employer is not taxable upto 15000 per a/y.

14 October 2008 continuing on the subject
medical facility--provided to employee or family member in a hospital maintained by employer.
medical allowance--in terms of money. If it is reimbursement,tax free upto 15000. Otherwise Sri Gaurav's view is correct.


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