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This query is : Resolved
AKASH AGRAWAL
(Querist)
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?
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?
Amol S Joglekar
(Expert)
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
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