deduction
This query is : Resolved
25 January 2011
hello,
my friend is working with the nationalised bank. he has spent some amount towards medical treatment of his wife during her pregnency. what kind of deduction is available to him if the entire amount is reimbursed to him by bank? if no such amount is reimbursed then is there any deduction available to him? if yes, to what extent? kindly give me suitable answers.
my friend is working with the nationalised bank. he has spent some amount towards medical treatment of his wife during her pregnency. what kind of deduction is available to him if the entire amount is reimbursed to him by bank? if no such amount is reimbursed then is there any deduction available to him? if yes, to what extent? kindly give me suitable answers.
25 January 2011
If that hospital, in which his wife got treatment during her pregency, was recognized from the Chief Commissioner of Income Tax then whole amount which has been paid toward bills of the hospital will be exempt, if hospital was not recognized then there would not be any deduction or exempt.
In case, no reimbursement then no deduction anywhere he can claim.
Regards!!!
In case, no reimbursement then no deduction anywhere he can claim.
Regards!!!
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- About TDS & Income Tax
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- Building tax payment deduction in rental Income
- FEMA regulation Act. for inward remitance
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
