Tax on medical reimbursement ?
This query is : Resolved
CA Sahil Singla..
(Querist)
17 January 2013
Sir
I got a medical reimbursement from my company for Rs. 25000 for treatment in private hospital. Whether tds deductible on this ? If yes, then on what amount ? Is it rs. 25000 or rs. 10000 ?
I got a medical reimbursement from my company for Rs. 25000 for treatment in private hospital. Whether tds deductible on this ? If yes, then on what amount ? Is it rs. 25000 or rs. 10000 ?
Guest
Guest
(Expert)
17 January 2013
The reimbursement exceeding 15000/- shall be clubbed with the head income from salary and tax shall be deducted at rate applicable according to total taxable income.
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