Hi All,
1. Can anyone clarify me, while making TDS, as an employer, do we need to collect all the 12 months rent receipts from the employees??? or one of the months in the current year is enough??
2. Can anyone suggest me, whether an employee can claim exemption U/s Chapter VIA for medical treatment expenses (his & family) though he doesn't receive any medical reimbursement/allowance from his employer?, If yes, as an employer, can i consider that exemption in TDS?
Best Regards
Narasimha
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TDS - Salaries
Replies (2)
Assesse can claim the deduction US 80 DD / 80 DDB provided he shall furnish the respective certificate as specified under the section.
Rgds
Pradeep
Rgds
Pradeep
All receipts of Rent from April to Mar you have to collect from the employee, subject to employment of that employee. e.g. if A employee is worked in your organisation for 7 months only, then you have to collect Rent receipts for 7 months only.
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