Medical Reimbursement upto ₹ 15000/- for AY 18-19 is exempt under which section?
I want to show it in ITR 1 in income exempt from tax.
Transport allowance upto ₹ 19200/- is exempt u/s 10(14)(ii).
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medical reimbursement
Replies (2)
1.section 17(2) of the Income Tax Act, 1961.
Yes, Agree with Mr. Rammi
Provision of medical facilities (Provision to Sec. 17(2)): Value of medical treatment in any hospital maintained by the Government or any local authority or approved by the Chief Commissioner of Income-tax. Besides, any sum paid by the employer towards medical reimbursement other than as discussed above is exempt upto Rs.15,000/-.
Provision of medical facilities (Provision to Sec. 17(2)): Value of medical treatment in any hospital maintained by the Government or any local authority or approved by the Chief Commissioner of Income-tax. Besides, any sum paid by the employer towards medical reimbursement other than as discussed above is exempt upto Rs.15,000/-.
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