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Medical expenses for exemption u/s10

Moosa Tamijuddin (Finance and Project Controller) (115 Points)

04 February 2017

Good Morning all. Could somebody tell me exactly what are the expenses incurred medically could be included in the limit of Rs 15,000 u/s 10 of IT act. Thanks and Regards,

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2 Replies

Amitav (Chartered Accountant) (5993 Points)
Replied 04 February 2017

No income tax on medical reimbursement is levied up to Rs. 15,000 provided all the bills for the same are funrnished by the employee to the employer.Government of India does not provide specific list of expenses eligibile / ineligible.
Such exemption of Rs. 15,000 from the levy of Income Tax on Medical Reimbursement is the cumulative exemption allowed in a financial year for the amount actually incurred by the employee for obtaining the medical treatment of self or any of his family members.
Family is defined to mean Spouse or Children of the Individual or any of dependant relatives being Parents, Brother or Sister. Note there is no requirement for Spouse or Children to be dependant on the individual, but Parents, Brother or Sister should be dependant on the individual.