Hospital bill
This query is : Resolved
30 August 2011
Dear Sir,
One of our employees badly injured during accident on the road and company has paid interm hospital bill of Rs.452368/-. Still employees in ICU in hospital. He is not cover with ESIC.
Pls advise us Hospital expenses allowable to company or not.
One of our employees badly injured during accident on the road and company has paid interm hospital bill of Rs.452368/-. Still employees in ICU in hospital. He is not cover with ESIC.
Pls advise us Hospital expenses allowable to company or not.
30 August 2011
yes. it is allowable expenses under Income tax. also need to be calculated employee perquisite
31 August 2011
Dear Sir,
Thanks for your reply. Pls advise us how much amount taxable in the hand of employees.
Regards,
Baljinder Singh
Thanks for your reply. Pls advise us how much amount taxable in the hand of employees.
Regards,
Baljinder Singh
31 August 2011
Proviso to Sec. 17(2)): Value of medical treatment in any hospital maintained by the Government or any local authority or approved by the Chief Commissioner of Income-tax. Besides, any sum paid by the employer towards medical reimbursement other than as discussed above is exempt
upto Rs.15,000/-.
upto Rs.15,000/-.
01 September 2011
Thanks for reply.
regards,
Baljinder singh
regards,
Baljinder singh
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