Dear All,
I am receiving fixed monthly medical allowance which is taxable and I can make it non-taxable upto Rs.15000/- u/s 17(2), if i submit medical bills for the same.
My query is -- Can I submit medical bills of last FY 2013-14 in current FY 2014-15 for taking exemption u/s 17(2) against monthly medical allowance received in current FY 2014-15.
Thanks in advance
Shyam S Gupta and Company
New Delhi
CA Inter
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Varma Raja & Associates
Thrissur
CA Inter
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Arpan Bohra & Co
Hyderabad
CA Inter
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CCI
Pro
CAclubindia
