DEEPA VYAS (CA ) 09 July 2013
Mobile n medical bill reimbursement are not taxable but in form 16, employer included these in taxable salary coz bills was not submitted on time.......during filing return what I have to do....calculate tax on it or not....employee has bills of that....
CAclubindia Online Learning offers a wide variety of online classes and video lectures for various professional courses such as CA, CS, CMA, CISA as well as various certification courses on GST, Transfer Pricing, International Taxation, Excel, Tally, FM, Ind AS and more. know more
Akshata (CA Final ) 09 July 2013
U shud take form 16 as base and add any more details the employee gives.(eg,medical bills,interest on loan,80C investments etc..)
In other words,if employee has bills which were not submitted to the employer, they can be considered.
But this will not apply to telephone bills,only medical re-imbursements.
CA ABHISHEK (JOB) 12 July 2013
Exemption for medical & telephone bills are available only if it is in form of reimbursement but if your employer does not give exemption in form 16 due to non-submission of bills,it will be treated as fixed allowance and hence fully chargeable to tax.So, its better not to provide exemption in return.