Matter of madical remburisement
This query is : Resolved
20 March 2014
GOOD MORNING TO ALL EXPERTS,
I WANT TO KNOW ABOUT MADICAL REMBURISEMENT(15000) . IS MADICAL BILL(15000 AMOUNT) ARE COMPULSERY FOR MADICAL REMBURISEMENT. IF WE WILL NOT SUBMIT MADICAL BILL UPTO 15000 THEN WILL THIS AMOUNT ADD IN OUR INCOME
THANKS
I WANT TO KNOW ABOUT MADICAL REMBURISEMENT(15000) . IS MADICAL BILL(15000 AMOUNT) ARE COMPULSERY FOR MADICAL REMBURISEMENT. IF WE WILL NOT SUBMIT MADICAL BILL UPTO 15000 THEN WILL THIS AMOUNT ADD IN OUR INCOME
THANKS
20 March 2014
To whom u wana submit ur Medical bill?? To ur Employer?? If yes then it is compulsory to show the Medical Bill without it u cant claim ur reimbursement. It will not b added back to ur income, but the expense will b disallowed.
20 March 2014
sir i want to submit this bill to my employer. then sir it is compulsery otherwise 15000 amt. add in taxable salary
20 March 2014
Yes it will b added in the salary but u will not get the reimbursement in lack of Medical Proof...
Suppose ur taxable s1alary is say 1LPA then amount of 15K will b added. If u get the reimbursement then it will not b treated as expenses made by u it is an expenses borne by employer in behalf of u....
Medical Allowance upto Rs 15000/- is exempted but not Medical Reimbursement...
Suppose ur taxable s1alary is say 1LPA then amount of 15K will b added. If u get the reimbursement then it will not b treated as expenses made by u it is an expenses borne by employer in behalf of u....
Medical Allowance upto Rs 15000/- is exempted but not Medical Reimbursement...
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