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Tax on salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2014 Hi
our company is providing the Medical Facility to X employee (Medical amount is 10000)

Now X employee want to take the rebate 15000/- against medical bills .

Now question is he is legible for 15000-10000= 5000/-

or fully 15,000/-.

regard
PARVEEN KUMAR
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CA TSR

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CA TSR (Expert)
08 January 2014 Reimbursement of medical expenses upto Rs. 15000 is exempted in the hand of employees. That means the amount spent or 15000 which ever is lower is exempted in the hands of employee while calculating income from salaries.
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@VaibhavJ

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@VaibhavJ (Expert)
08 January 2014 Hi

If 10K spent is not added as perq to his income, he can claim deduction of Rs. 5k only.

Thanks
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