Taxability of medical allowance
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 August 2017
If some one is getting medical allowance of Rs 15000 in his salary p a. Then whether he can claim tax exemption if he submit medical bill of Rs 2000
CA Rashmi Gandhi
(Expert)
08 August 2017
No exemption allowed as medical allowance is fully taxable.
K Srinivas, CMA CS
(Expert)
08 August 2017
Madam is correct.
Medical allowance is fully taxable always. Medical reimbursement is exempt up to maximum of rs. 15000 p.a
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