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medical allowance

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(Querist)
23 March 2009 is medical allowance an fbt item?
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K V Subba Rao

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K V Subba Rao (Expert)
23 March 2009 Use of word "Allowance" implies that payment is made without having any nexus with actual expenditure; so it is taxable in the hands of employee as salary and therefore there is no FBT
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HUZAIFA HUSSAIN

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HUZAIFA HUSSAIN (Expert)
23 March 2009 REIMB.OF MEDICAL EXPENSES UPTO RS.15000/- ATTARACTS FBT IN THE HANDS OF EMPLOYER
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