banner_ad

Medical allowance under salary head upto 15000

This query is : Resolved 

09 May 2012 Hi All,

I am preparing Form 16, i have some question for Medical allownace. in f16 where i put the figure. or taxable salary after lees 15,000


Thanks
padam

09 May 2012 Medical Allowansce is not part of salary, therefore will not be shown in form 16.

09 May 2012 i) Medical allowance forms part of salary as per section 17(1), accordingly entire amount paid is taxable and should be shown in clause 1(a) of part B of form 16.
ii) If it is a reimbursement in respect of expenditure actually incurred for medical treatment, such payment is covered under proviso (v) of section 17(2)(viii), accordingly should be routed through clause 17 of form 12BA read along with clause 1(b) of part B of form 16.

09 May 2012 Agreed with Shri B.Chackrapani Warrier.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details