Friends,
I missed submiting the medical bills to my company before 31-Mar-2011, hence I was not reimburshed Rs 15000 (under section 17(2)) , and thus this also does not reflects in Form 16. I have all the original bills , for the amount I spend , between April-2010 and Mar 2011.
Can this amount be claimed while filing ITR now (before 31-July-11)?
Appreciate quick response.
Yes.. Definitely... :)
Clcik here to get solution of ur query...!
Do we have any specific forms to be filled , else in new SAHAJ form where to declare this ?
Medical reimb is a perquisite and exemption should be given by employer only after verifying bills. If bills are not submitted to employer, exemption cannot be claimed in ITR
In any case, the correctness of tax paid lies on the Assessee (i,.e, on Employee). There may be cases where some Income like income from Share Trading etc, is not informed to Employer. In such cases, Employer deduct income tax on Salary paid by them only. Similarly, if any thing has been missed to informed to Empoyer and tax has been dedcuted on those amount which is otherwise exempted, may be claim as exemption in Return. In your case, Medical Reimbursement is well eligible as exemption even though ur employer has not considered this amount as exemption.
Thanks for good responses..I too belive , it should be allowed now.
Now the question is how to claim this ? Do we have any specific form? Can we mention it any where in SAHAJ ?
Nothing has to be submitted except ITR (SAHAJ). Show ur income under head salary (under serial no. 1)after dedcuting this Medical Reimbursement also.
and for medical bills to support that? Can we submit those with ITR?
| Originally posted by : CA Vibhash Kumar Sah | ||
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Nothing has to be submitted except ITR (SAHAJ). Show ur income under head salary (under serial no. 1)after dedcuting this Medical Reimbursement also. |
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If u r filing the return online, nothing is required to attached with return. Only the Acknowledgement generate has to be submited to designated office of Income Tax (bangalore address is provided on the Acknowledgement). If any Assessment notice is served on you on any later date, that time you may need to produce the details and supporting.
| Originally posted by : sudarshan | ||
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Medical reimb is a perquisite and exemption should be given by employer only after verifying bills. If bills are not submitted to employer, exemption cannot be claimed in ITR |
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Agreed.
You need to get reimbursement from employer
when the assessee not submitted bills, reimbursement not given by employer. This is not an allowance and not included in salary. Where is the question of getting exemption by filing ITR?
Hi V.Sharma,
According to your query you have drawn fixed medical allowance (not as reimbursement of expenses), Employees have to claim tax exemption. Employer has denied exemption on account of failure show provide bills and computed tax Fixed Medical Allowance.
If you feel that you can claim exemption, stop a while and read the entire article at https://taxingsalaried.blogspot.com/2008/12/reimbursement-of-medical-expenses-rn.html and act accorindinly.
Tulasi Rao
Tulasi,
From the article "
If an employee receives some money for his medical treatment or the treatment of any member of his family or any of his dependant relatives then a sum up to Rs. 15,000 p.a. is not treated as a taxable perquisite as per Clause (b) of the provision to Section 17 (2) of the I.T. Act. This exemption is enjoyed by the employee only if the expenditure is actually incurred on his medical treatment or for treatment of any member of the family or a dependant relative.
So bills for medical treatment are non-taxable is clear.
Form the doc , I didn't got a clarity, if employee had missed to get this amount (with in 15000) reimburshed from employer before 31-Mar-11 , and in Form 16 employer has shown that amount as part of salary , than can it be claimed back while filling ITR.?
Please share your ideas on this situation.
| Originally posted by : Tulasi | ||
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Hi V.Sharma, According to your query you have drawn fixed medical allowance (not as reimbursement of expenses), Employees have to claim tax exemption. Employer has denied exemption on account of failure show provide bills and computed tax Fixed Medical Allowance. If you feel that you can claim exemption, stop a while and read the entire article at https://taxingsalaried.blogspot.com/2008/12/reimbursement-of-medical-expenses-rn.html and act accorindinly. Tulasi Rao |
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| Originally posted by : Virendra Sharma | ||
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Tulasi, From the article " If an employee receives some money for his medical treatment or the treatment of any member of his family or any of his dependant relatives then a sum up to Rs. 15,000 p.a. is not treated as a taxable perquisite as per Clause (b) of the provision to Section 17 (2) of the I.T. Act. This exemption is enjoyed by the employee only if the expenditure is actually incurred on his medical treatment or for treatment of any member of the family or a dependant relative. So bills for medical treatment are non-taxable is clear. Form the doc , I didn't got a clarity, if employee had missed to get this amount (with in 15000) reimburshed from employer before 31-Mar-11 , and in Form 16 employer has shown that amount as part of salary , than can it be claimed back while filling ITR.? Please share your ideas on this situation. |
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If amount of Medical reimbursment has been shown as part of Taxable Salary , as I replied earlier, the exemption can be claimed in the ITR based on actual medical bills subject to Rs.15000.
CAclubindia
