Medical Bills Exemption U/s 17(2)
This query is : Resolved
03 January 2011
Dear Experts,
Kindly clear my query regarding if one company paid fixed medical allowance as the part of Salary ,
Can employee of the company claim medical bills exemption up to Rs. 15000 p.a. while calculation the taxable salary by showing the original copy of bills ?.
Regards
Ravi Kumar
Kindly clear my query regarding if one company paid fixed medical allowance as the part of Salary ,
Can employee of the company claim medical bills exemption up to Rs. 15000 p.a. while calculation the taxable salary by showing the original copy of bills ?.
Regards
Ravi Kumar
03 January 2011
See... Fixed medical allowance is a taxable allowance.
whereas... reimbursement of medical bills up to Rs. 15000 p.a. is fully exempt.
whereas... reimbursement of medical bills up to Rs. 15000 p.a. is fully exempt.
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