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...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
