MEDICAL REIMBURSEMENT FOR THE A.Y. 2022-23
This query is : Resolved
12 February 2022
One of my clients gets Rs. 123000/- as medical reimbursement i.e. one month of his basic pay in a year. Is it fully taxable under the head of perquisites? If it is not taxable - under what head it is not taxable. Kindly let me know your opinion. He is a salaried employee. Regards, TARAK KUMAR ROY, 150/1/1, Banerjee Para Road, P.O. Naihati-743165, west Bengal
12 February 2022
Kindly let me know your valuable opinion / direction for the question asked for today. Regards, Tarak Kumar Roy
13 February 2022
Kindly let me know your valuable opinion / direction for the question asked for. Regards, Tarak Kumar Roy
13 February 2022
As such it is taxable now. But ITD has provided an income tax exemption on the amount received from the employer towards the COVID-19 treatment. The treatment expenses from FY 2019-20 and onwards are allowed for such tax relief.
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