Tax Treatment for Exgratia
This query is : Resolved
22 June 2010
I have received Mediclaim insurance reimbursement amounting to Rs.60000/- in the form of Exgratia.Can anyone advice me on the tax treatment of the same?Is it exempt from Tax.
22 June 2010
Exgratia is taxable as perquisite.
It is 100% taxable.
It is 100% taxable.
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