form no. 16 for salary
This query is : Resolved
17 July 2010
dear sir,
our salary structure is basic+hra+conv.
mecial allowance is not shown spreatly.
then pl. advice me to i can take rebate of medical allowance of rs. 15000/-
our salary structure is basic+hra+conv.
mecial allowance is not shown spreatly.
then pl. advice me to i can take rebate of medical allowance of rs. 15000/-
CA Ravi Sisodia
(Expert)
17 July 2010
medical allowance is fully taxable.
Medical reimbursement upto Rs. 15000/- per annum is exempt under income tax.
no rebate of medical allowance is allowable.
Medical reimbursement upto Rs. 15000/- per annum is exempt under income tax.
no rebate of medical allowance is allowable.
Murtaza I Bhagat
(Expert)
17 July 2010
about med. reimb.
if your amount of med. reimb. is excess to 15000/- then excess amount you have to shown in 12BA form and also add to gross salary. otherwise below Rs.15000/- no need to add. in total salary.
if your amount of med. reimb. is excess to 15000/- then excess amount you have to shown in 12BA form and also add to gross salary. otherwise below Rs.15000/- no need to add. in total salary.
17 July 2010
Agreed, Remibursement in Excess of Rs.15000/- will taxable as perquisities.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Capitalgain tax purposes for valuation report compulsory
- GST on Renting godown to KFCSC for Storage of Raagi
- Oct 2025 Invoices
- TAX AUDIT ON PROFESSIONAL INCOME
- TDS on Fixed Assets purchased
- Capital Gail Exemption Certificate
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
