banner_ad

Medical claim

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 October 2012 Dear Sir,

What is the difference between Sec17(2) os Sec 80DDB & what is the maximum exemption limit of Medical claim for a business partner which is over 60 year old.
Profile Image

shivaji prasad bhimavarapu

Profile Image

shivaji prasad bhimavarapu (Expert)
16 October 2012 Sec 17 deals with valuation of Perquisites.Thus the medical facility provided by the employer is taxable in some cases.viz.,any expenditure incurred or reimbursed by the employer for providing medical facility in INDIA is is NOT chargeable upto Rs.15,000/-.But Fixed medical allowance is taxable.Sectioin 80 DDB is for deduction in respect of Medical treatment subject to certain conditions.The deduction is either Rs.40,000/-( for senior citizens it is Rs.60,000/-)or actual expenditure incurred whichever is less.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details