Medical allowance exemption in income tax return
This query is : Resolved
05 August 2014
My medical allowance is 26500 but in form 16 medical allowance is not given as exempted allowance of 15000 so can i take medical allowance of rs 15000 as exempted in my income tax return if it is not shown as exempted in form 16.
06 August 2014
medical allowance is not exempt..
only medical reimbursements are exempted.
only medical reimbursements are exempted.
06 August 2014
medical allowance is always is taxable. exempt is only when employer reimbursement the medical exp. in a year upto Rs. 15000/-
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
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
