80d

This query is : Resolved 

06 May 2016 Dear All, kindly hepl me in Tds on salary.. i am worked at pvt ltd company and we are deduct TDS on salary of our some employee.. and we are giving him medical allowance 15000/- and employee also invest in 80D sepratly... so my quistion is that when i canculate the tds on salary that time, can i will less this two deduction or not ??? 80d and medical allowance.

06 May 2016 You have to less 80D deduction for medical premium but medical allowances is deductible u/s 17(2) if it is not given in fixed form only reimbursement upto Rs.15000/- is exempted.

07 May 2016 Agree with Murtaz Sir

In Simple words if you are submitting the medical bill than medical allowance is tax free and you can deduct both for your tax calculation.


Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615

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