Tax exmpt medical reinmursement
This query is : Resolved
NISHIKANT S. SANE
(Querist)
17 June 2013
My salary income from pensions is Rs. 70,,000/- I received medical reimburseement of Rs. 56000/- Since my income from salary do not exceed Rs.100,000/-What will be tax exemption u/s 17(2) on perqisits of medical reimbursement? Full reimbursed amount of 56000/-/ or resricted to Rs. 15000/-?
CMA Ramesh Krishnan
(Expert)
18 June 2013
Medical reimbursement restricted to Rs.15000/- per annum
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