Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Income tax queries

Save Share

This query is : Resolved

suparna k s (Querist)
Follow

24 March 2009 Hi All

An employee is working in two different companies. In both the companies he is getting conveyance and medical expenses. Can he claim exemption on conveyance and medical expenses from both the companies? or is he allowed exemption of only Rs. 9600 towards conveyance and Rs. 15000 towards medical reimbursement expenses?

W.r.t the same, PT is deducted in both the companies. can he claim PT deduction from both the companies?

CA Hemant T Dewani

CA Hemant T Dewani (Expert)
Follow

24 March 2009 you will get 9600 & 15000 towards exp & prof tax is also one employer is deducted

CA J M Pattanayak

CA J M Pattanayak (Expert)
Follow

24 March 2009 On a total the employee is eligible for a deduction of rs.9600 for conveyance and 15000 for medical allowance.
if he gets reimbursement then nothing is taxable.
PT can be claimed from both the employer.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now