Medical Reimbursement
This query is : Resolved
29 June 2009
Whether Medical Reimbursement made by employer company for it's director up to Rs.15000 is taxable to Director or not ?
Is there any change if Amount exceed Rs.15000 ?
And what is the treatment for the company?
Whether it is allowable or nor to company?
Is FBT will come into picture or not?
Is there any change if Amount exceed Rs.15000 ?
And what is the treatment for the company?
Whether it is allowable or nor to company?
Is FBT will come into picture or not?
chetan soni
(Expert)
29 June 2009
If company have bills for the same then it is not taxable in the hands of directors.
If the amount of reimbursement exceeds Rs. 15K then the amount exceeding Rs. 15K is taxable in the hands of director. We can pay any amount but the benefit will always be for 15K.
Also note FBT is there on the amount of reimbursement.
If the amount of reimbursement exceeds Rs. 15K then the amount exceeding Rs. 15K is taxable in the hands of director. We can pay any amount but the benefit will always be for 15K.
Also note FBT is there on the amount of reimbursement.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
