Reimbursement of medical bill is taxable
This query is : Resolved
15 July 2019
is reimbursement of medical expenditure and school tution fees from employer is taxable under income tax act.
04 June 2020
Medical allowance is a fixed component that you receive every month as part of your monthly salary, that is taxable as salary income.
Whereas Medical reimbursement is a tax-free component, it is exempted up to the amount spent by employee or Rs. 15,000 whichever is less.
Whereas Medical reimbursement is a tax-free component, it is exempted up to the amount spent by employee or Rs. 15,000 whichever is less.
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