MEDICAL ALLOWANCE

This query is : Resolved 

19 June 2008 I AM GETTING RS.15000/- TOWARDS MEDICAL REIMBURSEMENT EVERY YEAR FROM MY COMPANY BUT COMPANY DOES NOT INCLUDED THE AMOUNT IN FORM - 16. KINDLY EXPLAIN.

REGARDS
YASHODHAN

19 June 2008 If it is an allowance they will not give deduction. But if it is a reimbursement against actuals, it is to be considered for deduction. But in any case the payment given to you will figure in Form 16

19 June 2008 Yes...Srinivas sir is right..


19 June 2008 Yes...Srinivas sir is right..

19 June 2008 I GET ACTUAL REIMBURESEMENT AGAINST MEDICAL BILL OF RS.15000/-.WHETHER IT IS PART OF SALARY 17(1),17(2) & 17(3)KINDLY EXPLAIN

REGARDS
YASHODHAN

19 June 2008 It is a reimbursement....so it wont be taxable..




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