Sachin Ghive (10 Points)
14 April 2020
P-SAC
(Partner)
(152 Points)
Replied 23 April 2020
Dear Sir,
There was section to get Rs. 15000 reimbursement in a year for an employee on submission of medical bill. However, since Govt is giving blanket Rs. 50,000/- exemption to salary tax payer, now employee can not claim this benefit.
If you are giving Rs. 5 lacs to employee based on his bill submission, it will be treated as part of salary. However, employee can see the section 80, where few deductions are available if it fits into the conditions.
For more information, kindly post your query on psandac @ gmail.com
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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