We have received the Rs. 100/- stamp paper from one of our employee in which he has written that he has spent on medical treatment of his Aliments of Rs. 48,000/-.
my question is can we treat this as deduction (like medical reimbursement) for Rs. 48,000/- in his income tax declaration.
09 March 2013
No, this is not valid for medical reimbursement you need bills or atleast photocopy of bills otherwise every employee will make affidavite. it is not allowed for medical reimbursement and only 15000 reimbursement is allowed