Can a company pay the medical bills of a director
This query is : Resolved
vipin singh
(Querist)
13 December 2013
Can a company pay the medical expenses of a director or his family? Is so, is that amount taxable at the hands of the director?
CMA Ramesh Krishnan
(Expert)
13 December 2013
Incase if he/she employee cum director, it will be taxed according to the provision of sec.192.
Medical reimbursement to employee exempted up to Rs.15000/- per annum
Medical reimbursement to employee exempted up to Rs.15000/- per annum
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