Income tax exemption on medical allowance
This query is : Resolved
31 January 2016
I am a State Govt.Employee and getting Medical Allowance @ Rs.600/- per month (Yearly Gross Amt.Rs.7200/-).Last Month I have went to Apollo Hospital,Chennai for my medical treatment & spent about Rs.14000/- .Can I claim IT exemption on Medical allowance?if answer is yes ,then how? if answer is no,the Why?.Please help me.
31 January 2016
Medical allowance is taxable while reimbursement up to 15,000 is exempt.
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