Proof submission for income tax purpose

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Sanjay Thomas Rebello (Querist)
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14 March 2012 Dear Sirs/Madam

We submit Medical Bills (Rs.15,000, Travel Bill (Rs.20,000, NSC, LIC, PPF payment receipts to our employer out of above which bills needs to be submit in original & which one in xerox. Please advise

Also give me Income tax reference for the same

In our company we accepts xerox for all bills but some of feel that we need to take original for medical/travel biils since they may be misused

Sanjay

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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14 March 2012 The medical and travel bills are to be submitted in orignal.

NSC, LIC and PPF to be submitted in xerox.

Sanjay Thomas Rebello

Sanjay Thomas Rebello (Querist)
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14 March 2012 are you aware about notification no for the same

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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14 March 2012 As such there is no notification. Proofs of investment are always submitted in xerox as you may need them in the future.

Proofs of exepnses are normally submitted in original as evidence of the expenditure actually being incurred.
However, some employers also accept xerox copies of medical bills and travel bills.

What exactly is your concern? Are you facing any problem?

Sanjay Thomas Rebello

Sanjay Thomas Rebello (Querist)
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14 March 2012 In our company we accepts xerox for all bills but some of feel that we need to take original for medical/travel biils since they may be misused

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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14 March 2012 Yes that is a concern for many employers, especially with regard to medical bills. An employee may claim the same expense from the employer as well as the insurance company.

You can insist on obtaining original bills.

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