banner_ad

FBT on Medical reimbursement

This query is : Resolved 
Profile Image

Profile Image

(Querist)
14 March 2009
Dear All

Please confirm that when an employer reimburse the medical exp. 20000 to an employee, Is FBT paid by the employer on the same or upto 15000 only?

With regards
Sanjeev
Profile Image

CA.SHAHZAD SAYYED

Profile Image

CA.SHAHZAD SAYYED (Expert)
14 March 2009 on Medical Exps. reimbursed by Employer upto Rs.15000/- FBT is levy
Above 15000/- (in your case Rs.5000/-) taxable in the hands of employee
Profile Image

Sanjeev Kumar Sharma

Profile Image

Sanjeev Kumar Sharma (Querist)
14 March 2009
Please also confirm that the exemption of 15000 is in the hands of employees, then why company pay the FBT on it?
Profile Image

K V Subba Rao

Profile Image

K V Subba Rao (Expert)
14 March 2009 CBDT opined that since medical expenditure upto Rs 15000 is not taxable in the hands of the employee as salary, it should be subjected to FBT.

Please check the following:
https://www.taxlawsonline.com/news/article/fringe.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
29 April 2026
Associate - Audit, Tax & Compliance

Open Co Consulting LLP

New Delhi

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details