Income tax queries
This query is : Resolved
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?
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?
24 March 2009
you will get 9600 & 15000 towards exp & prof tax is also one employer is deducted
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.
if he gets reimbursement then nothing is taxable.
PT can be claimed from both the employer.
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