Matter of madical remburisement

This query is : Resolved

Rajiv (Querist)
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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

Sandeep Dharar

Sandeep Dharar (Expert)
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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.

Rajiv

Rajiv (Querist)
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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

Sandeep Dharar

Sandeep Dharar (Expert)
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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...

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