Perquisites

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 August 2013 Query:- Perquisite value of medical expenses.

If any company (manufacturing unit at a remote location)reiumburse medical related expenses to their employees. In said case medical expenses include following:-

1. Medicine cost, doctor fees, hospitalisation charges and any other charges paid in hospital/clinic (like different testing charges, OT charges, etc.). Please note hospital is not owned by said company.

2. To & fro transportation charges (like train fare, local conveyance etc.)

3. Fixed travelling charges for compensating fooding, staying & other misc expenses for patient & attendants.

Please also note all above expenses are reiumbused in all medical cases.

Please advise on taxability of above expenses as per Income Tax law. Whether exemption of rs. 15000/- is also allowed for travelling & fixed travelling expenses (mentioned in point no. 2 & 3). Also provide basis of your advise (like details of section/rules, notification or case law).


Thanks

11 August 2013 In my view item 1 -Medical Reimbursement
Item No 2&3- Expenses incurred U/s 37(1).
.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 August 2013 Dear Sir,

I am asking about tax liability in the hands of employee.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details