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MEDICAL REIMBURSEMENT

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(Querist)
22 December 2010 at the time of retirment of employee, reimbursement of medical expenses are taxable or not? please clarify.
thanking you
sreedhar
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CA.RAJIV SHUKLA FCA

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CA.RAJIV SHUKLA FCA (Expert)
22 December 2010 Dear R.Sreedhar Ji,

If company having the policy of Medical reimbursement then person can claim the bills against the limit of Rs.15000 per year and in monthly term Rs.1250 per month only.

retirement is not a subjective issue for taxability.

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