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ersh............. (student)     06 December 2010

medical allowance v/s medical reimbursement

Hi,

If medi. allow. is a fix salary component then is it exempted 15000pa u/s10 after subn of bills? Or only medical reimbursement are exempted u/s 10?



Learning

 1 Replies

Kumar Doab (FIN)     16 February 2011

It is believed " Medical Reimbursment" shall be disbursed to you on submission of medicine/medical bills in original along with concerned form in original duly flled and signed by you.

The company may have a policy/process to disburse on monthly/quarterly/half yearly/annual basis as chosen or as chosen and declared by employee.

If employee does not claim company shall pay you the annual/leftover amount but after adding it to total income and thus after TDS.


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