I had a surgery in FY 2021-22 & my employer reimbursed the medical expenses in Feb 2022. But they have added the reimbursement amount of 1.5 lakh in the gross income of FY 2021-22 & didn't exempted it & also they have deducted the TDS accordingly. So is there any way I can get the tax benifit for this amount in ITR filing as I have bear the hospitalisation expenses from my savings & still paying tax on it?
As per sec. 17(2) of IT act, medical reimbursement paid to employee is been treated as perquisites, and hence taxable.
Appreciate your help!
My pleasure.......
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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