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Perquisites u/s17(2)

This query is : Resolved 

09 September 2010 My father recvd Rs.24000/- from his employer towards reimbursement of medical expenses incurred by him . I wanted to clarify that whether tax will only be on Rs.9000/-(24000-15000) or on Rs.24000/- entirely as the wordings of the section says that "not exceeding Rs.15000/-" . I am sure that it is only on Rs.9000/-, but I wanted to have some legal backing or source i.e (Example illustrated in any book which can be accepted by the employer) . Can anyone provide me with the source ?

09 September 2010 Pl see example 3 in CBDT Circular N0. 9/2008 dated 29/09/2008 in www.incometaxindia.gov.in

10 September 2010 Hi,

You have to pay tax only on 9000 Rs.

REGARDS,
NISHIT DOSHI


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