Reimbursement of medical exp. rs. 15000/-
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2011
As per IT Provision an exemption up to Rs. 15000/- is allowed while computing taxable income.Pls suggest what should we do for allowing deduction of Rs. 15000/- in form 16
1)We should obtain Medical bill of Rs 15k. or
2)we can just obtain a dec. from employee that he has incurred Med. Exp of Rs. 15k & produce the documents as & when ask by company. OR
3)Simply we can allow deduction of Rs. 15k without asking anything from employee.
pls suggest 1)what is best practice 2)Not best but can be accepted.
Thanks:
Raj
1)We should obtain Medical bill of Rs 15k. or
2)we can just obtain a dec. from employee that he has incurred Med. Exp of Rs. 15k & produce the documents as & when ask by company. OR
3)Simply we can allow deduction of Rs. 15k without asking anything from employee.
pls suggest 1)what is best practice 2)Not best but can be accepted.
Thanks:
Raj
28 December 2011
Getting bills and allowing exemption is only the good practice
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Dep. as per companies act
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Tds on commission charges
- Applicability of GST on Salary Reimbursement Component
- Change Of Karta In Case of Death
- New GST registration for new place of business.
- Salary from Qatar in Dollars in India
- GST Intimation due to Government took possession of Business Premises under PPE Act
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared
Getmyca Consultant Pvt Ltd
New Delhi
CA Inter
View Details
ARTICLESHIP
30 September 2026
CA Article Assistant
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
CCI
Pro
CAclubindia
