Salary tds.

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 November 2011 Kindly suggest can i allow conveyance allowance(Rs. 800.00 per month) & medical reimbursement(Rs.15000.00 yearly) to all the employee without any discrimination while compute salary TDS.

I put this query once to the forum on 8th but didn't get any reply. I am sure some how it was overlooked or otherwise it would have been answered. Look forward to an early reply.It's urgent.

10 November 2011 yes, you can surely provide any allowance without any discrimination until and unless specific eligibility is laid in I.T. Act.

But make sure to allow the same in their salary sheet and form 16

10 November 2011 In case of Medical Reimbursement, allowance is to be granted against Medical Bills submitted by the employees. In case the bills submitted are less than 15000/-, then to that extent only allowance should be granted.


10 November 2011 In case the employee produces bills for medical treatment of his family members or himself, in a Govt Hospital or in a hospital approved by Chief commissioner, amount reimbursed may be fully allowed.

However from such expenditure, if any amount has been received by the employee from Insurance Co., such amount has to be deducted from the allowance.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 November 2011 Sir,
Thank you very much for your reply.All the employee want to enjoy this facility of conveyance alowance and Medical reimbursement but it was actually not paid or reimbursed. I want your valuable opinion what will be the consequences if I allow everybody to enjoy all this facility.

Sir, your early reply will be solicited.

Thanks & regards

11 November 2011 In case of Conveyance Allowance you may grant the allowance, however in case of Medial Reimbursement, the employees are required to submit the bills of medicines etc.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries