For AY 22-23, my employer has included entire amount reimbursed towards treatment of Covid-19 under Salary in Form-16, without showing any breakup. Neither any exemption has been provided towards amount of Covid-19 medical reimbursement in Form-16. However, the same is exempt u/s 17(2) First Proviso (ii)(c) as per Finance Act 2022, which was notified very late.
How do I claim exemption of the same, as claiming exemption will result in difference in salary reported by the employer vs employee and may attract notice. How to proceed?
CAclubindia
