Taxation

This query is : Resolved

Kewal (Querist)
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14 October 2008 Good Evening Sir,

I want to know that if a person receives Medical Allowance of Rs.15000/- pa is that a Taxable Allowance.
(I am little confused because Medical FACILITY is not a Taxable Perquisite, is there any connection between Medical Allowance and Medical FACILITY)

Kewal

Kewal (Querist)
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14 October 2008

Kewal

Kewal (Querist)
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14 October 2008 .

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CA Gaurav Khanna

CA Gaurav Khanna (Expert)
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14 October 2008 The allowance refered by you is taxable as the same will be treated as Fixed Medical Allowance.

However medical reimbursement or incurred by employer is not taxable upto 15000 per a/y.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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14 October 2008 continuing on the subject
medical facility--provided to employee or family member in a hospital maintained by employer.
medical allowance--in terms of money. If it is reimbursement,tax free upto 15000. Otherwise Sri Gaurav's view is correct.