23 October 2009
Company salary break up are just like these: Basic,Hra,T.A, and Others. Now if I show Rs. 1250.00 (maximum) paid to the employees as medical reimbursement as others, will it be allowe by the I.Tax
23 October 2009
Yes it's allowable but don't show as fixed allowance in pay slip for every month.
Take perodical bills for medical expenses incurred( Doctor's fees,medicine bill,diagonistics etc) and reimburse periodically upto maximum 15,000 per annum.