Income tax implocatopms for medical help / assitance
This query is : Resolved
yogesh vijaykumar shah
(Querist)
11 December 2019
If company makes the payment to the hospital towards medical assistance to its employee for a particular decease of father/ mother . Whether the value of perquisites is taxable in the hands of employee. Kindly advise. If the amount paid to the emplyee for medical treatment of his parents. What are the tax implicatoions from income tax point of view.
CA R SEETHARAMAN
(Expert)
11 December 2019
Such payments are exempt from income tax.
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