Medical Bills
This query is : Resolved
07 January 2011
For Income tax purpose medical reimbursement Rs.15000/- is allowed. for that is original copy of Bills or xerox is required for claiming deduction and secondly for this F.Y 2010-2011 is last year Bills allowed as deduction pls explain.
07 January 2011
First : Original bills are required
Second : Bills can be claimed in the same FY as it amounts to a valid business expenditure for the employer, who can not claim it so, if it pertains to earlier FY.
Second : Bills can be claimed in the same FY as it amounts to a valid business expenditure for the employer, who can not claim it so, if it pertains to earlier FY.
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08 January 2011
Dear CMA. Subhash Kumar Jha
I can't get your second reply whether it is valid for claiming in Current F.Y 2010-2011 medical bills pertaining to last F.Y 2009-10.
I can't get your second reply whether it is valid for claiming in Current F.Y 2010-2011 medical bills pertaining to last F.Y 2009-10.
CMA Ramesh Krishnan
(Expert)
14 January 2011
Bills related to FY-2009-10 cannot be claimed in FY-2010-11
24 February 2011
in the year 2010-11, you can claim the bills which are pertaining to only 2010-11
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