Tax on reimbursement
This query is : Resolved
17 December 2010
if a company reimbursed medical bills of Rs. 5,53,000/- to an employee for the medical treatment of his wife. Is this an allowable expense for compnay. which sec is applicable? can i get any case law on it?
17 December 2010
It is an allowable expense to the company. It is a taxable perquisit in the hands of the employee though upto Rs.15000 there is exemption.
17 December 2010
thanks sir
but can i get any case law on it?
under which section i can check this statment to produce it to Assessing Officer?
but can i get any case law on it?
under which section i can check this statment to produce it to Assessing Officer?
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
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- F & O PROFIT REPORTING FOR AY 2026-27
- Regarding ITR filing with more value than showing in AIS/TIS
- Type of Capital Gain
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
CAclubindia
