In f y 2012-2013 Medical Reimbursement Rs 250000/- received by Government Employee for medical treatment of his father. Is medical reimbursement exempt from tax ???? . under which section
Pankaj (Manager) (288 Points)
26 February 2013In f y 2012-2013 Medical Reimbursement Rs 250000/- received by Government Employee for medical treatment of his father. Is medical reimbursement exempt from tax ???? . under which section
Rachit
(Analyst)
(913 Points)
Replied 26 February 2013
Refer 1st proviso to section 17(2) of the I. Tax Act
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
