Easy Office
LCI Learning

Medical Allowance & Facility

This query is : Resolved 

03 May 2010 Can anybody tell me that our company has given medical allowance to our employees. this allownace is taxable in their hands. But if they provide us medical bills of Rs. 15000/- at the end of year. can we consider it for giving exemption of 15000/- in calculation of income tax.



Regards


Pawan

03 May 2010 yes. it should be considered and exemption given ypto the amount of bills subject to maximum of Rx. 15000

03 May 2010 if you are giving Fixed medical allowance is fully taxable, only Medical reimbursment against Bills up to Rs.15000/- exemption per year





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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query