If a government employee already availed exemption u/s 80DDB of 40000 and after that he gets medical reimbursement(MR) of 2,00,000 in same FY. what will be his tax loyability on MR?
Medical reimbursement
Replies (1)
"Provided further that the deduction under this section shall be reduced by the amount received, if any, under an insurance from an insurer, or reimbursed by an employer, for the medical treatment of the person referred to in clause (a) or clause (b) :"
If the reimbursement was the one which is covered above then deduction u/s 80DDB shall not be allowed. Check whether return can be revised u/s 139(5)
[ Amount received is not taxable, only the deduction which was availed eatlier will be nulified]
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