03 July 2009
Pl confirm if any person claims Medical reimbusement for the period April 2009 to june 2009 and he has submitted a proofs prior to mentioned period. Is the income tax exemption is allow in this case? Thanks & Regards Sachin Dongare
03 July 2009
Exemption is available upto 15000/- a year if the amount is incurred in an unapproved hospital and no limit for exemption if the amount is incurred in an approved hospital.
04 July 2009
ok but i want to know previous period bills are allowed against current year medical claims. our company is only allowed same period bills. if any circular or notification is available?
CAclubindia
