Please Help: Medical Reimbursement
Posted Date : 01-May-2013 , 03:19:05 pm | Posted By: Pradeep Bhattarai
Category :
Income Tax | Answers :
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Hii..friends
is there any tax deduction is allowed in the Medical Reimbursement claim in monthly salary slip by Rs. 1250/- & submit bills on monthly basis??
pls help me out in this regards; |
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| Posted By : Rohit Kumar |
03-May-2013, 09:37:15 |
| Medical Reimbursement upto Rs.1250, is a exemption in income tax not a deduction, it's depends on company policy if in employee CTC mentioned medical reimbursement then employee take exempted reimbursement upto Rs.1250 monthly or 15000 p.a,above the said limit it will taxable in employee hands |
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| Posted By : Pradeep Bhattarai |
01-May-2013, 04:08:20 |
| Dear Mr. Nitish, In Income Tax Act, no where is mentioned the monthly limit so why not we claim monthly medical reimbursement by Rs 1250/- (i.e. 15000 p.a.) as per company policy...???? |
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| Posted By : Nitish |
01-May-2013, 03:55:12 |
| no deduction allowed |
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