Tds on medical exp reimbursement to employee.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 January 2015
is there TDS applicable on TDS on medical exp reimbursement to employee directly (& not to the hospital).
An employee of our company got medical treatment from max hospital and paid them Rs 8 lac. Now as per our company policy if an employee gets treatment from outside then whole expenditure will be borne by the company. Now he claimed reimbursement of the same amount (Rs 8 lac).
So the Question is whether TDS will be applicable under section 192 considering it perquisite [sec-17(2)] or not.
An employee of our company got medical treatment from max hospital and paid them Rs 8 lac. Now as per our company policy if an employee gets treatment from outside then whole expenditure will be borne by the company. Now he claimed reimbursement of the same amount (Rs 8 lac).
So the Question is whether TDS will be applicable under section 192 considering it perquisite [sec-17(2)] or not.
18 January 2015
Yes. Your observation is correct. TDS should be deducted u/s 192 considering it perquisite.
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