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Tax Treatment of Exgratia

Tax queries 1152 views 1 replies

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

Replies (1)

Dear Roopa,

I need to ask few questions -

1) Whether the amount of 60k have been received from ur employer?

2) Is the reimbursment of mediclaim premium or the medical expenses?


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