10 August 2012
Dear, what is medical allowance and medical reimbursement? what are their maximum limits? are they taxable or taxfree? if a person gets medical treatment of disease including expense of rs. 2,00,000/- (two lakhs), then how can he take benefit for the same?
10 August 2012
medical allowance / reimbursement is exempt in the hands of employee to the tune of INR15000 per financial year. the other expenditure, please refer to 80DD, 80DDB