29 June 2009
Hi, This is Nitin Khode, I have a query regarding Medical reimbursement. If Employee is claiming Reimbursement in a particular year and submitting the bills which may be related to previous year, the claim raise by employee is genuine and can he/ she got examption upto 15000/- for bills of previous year.
29 June 2009
The exemption is based on actual bills submitted. You will have to incur the expenses in current year then only you will get the exemption. You will not be able to get exemption for previous year's bills.