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MEDICAL REIMBURSEMENT, LEAVE TRAVEL ALLOWANCE

This query is : Resolved 
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(Querist)
08 March 2020 I have received Medical Reimbursement of 18000/- , Leave Travel Allowance of 25000/-, Leave Encashment of Rs 15000/-.

You are requested to inform me , whether the above mentioned income is taxable for the FY 2019-2020.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 March 2020 1 Medical reimbursement exempt upto 15000.
2 Leave travel assistance exempt to the extent of actual travel expenses.
The employee is not entitled to this benefit in every year. LTA exemption is available for 2 journeys in a block of 4 years. The block applicable for the current period is calendar years 2018-21.
3 Leave encashment fully taxable.
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