Medical reimbursement

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 August 2015 Dear sir

My father is working in a nationalized bank previous year he is undergone with open heart surgery.The amount is reimbursed by bank of Rs.238000/-.I want to know this amount of reimbursement is tax free or up to a certain limit it is exempt.In form 16 amount is included in the salary and treated as part of income.How to deal with this amount while filing of return .And treatment is done at hospital which is listed or recognized by bank.kindly resolve my query .

17 August 2015 As per Rule 3 A (2) it is fully exempted provided the hospital is approved by chief commissioner of Income tax.

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 August 2015 Dear sir

In ITR-1 how would i show such amount by excluding the medical reimbursement amount ??

17 August 2015 Ask your employer to correct the TDS return excluding medical reimbursement if exempted.


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