Easy Office
LCI Learning

form no. 16 for salary

This query is : Resolved 

17 July 2010 dear sir,

our salary structure is basic+hra+conv.
mecial allowance is not shown spreatly.
then pl. advice me to i can take rebate of medical allowance of rs. 15000/-

17 July 2010 medical allowance is fully taxable.

Medical reimbursement upto Rs. 15000/- per annum is exempt under income tax.

no rebate of medical allowance is allowable.

17 July 2010 about med. reimb.
if your amount of med. reimb. is excess to 15000/- then excess amount you have to shown in 12BA form and also add to gross salary. otherwise below Rs.15000/- no need to add. in total salary.


17 July 2010 Agreed, Remibursement in Excess of Rs.15000/- will taxable as perquisities.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query