Medical Allowance

Discussion in 'Circulars' started by naina, Feb 20, 2014.

  1. naina

    naina Member

    We want to Pay a fixed monthly Medical Allowances instead of Medical Reimbursement to our employee (the same is taxable on the hand of employees) My Question is at the time computing the Employees Income Tax whether This Medical Allowance upto Rs. 15,000/- can be shown as Deduction from the Taxable Income. If yes, what will be the consequences for employees?

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