Exemption of Medical Expenses Reimbursement.

Dear,

Read section-17 of Income Tax Act, 1961.

regards,

Sirs,

Background :  Upon attaining 55 years of age and completing 20 years of central government service, I opted out on voluntary retirement (but not under VRS).  Retiremeent benefits having been settled, I receive Rs. 100/= per month  medical allowance. 

Question : Am I eligible for exemption for tax purposes under Section 17 (2) of Income Tax Act, if i have bracketed  with taxable income.  

Regards,

Medical  expenses can re-imburse? U/s  80DDB - mentioned specified  dieses ?

Is it Salary to the Director for the Company, If co. reimburse more than 40000 to Director of Co.as medical Exp.? 

Sir,

I am working in a carporate sector, and  here is Medical reimburs facility is being provide by employer for  maximum Rs. 30,000/- P.A but  I don't claim any reimburshment during one or two year, can this balance amount be carry forwerd to next year?

Indrajeet