Authorised ERI w Income Tax Department
Plan, Prepare, Save, e-file Indian Taxes LIVE
Salary, Trading, Cryptos, Capital gains, Business Income
Prepare Original, Belated or Revised Returns
Prepare Updated (ITR-U) or Defective Returns for last 2 years
Home > Income Tax > Help Center > Taxability on Medical Expenditure Last Updated: Dec 09th 2023
Employers provide medical allowance and reimbursement to employees. Medical treatment is a daily expense for most people. Companies usually offer benefits to employees. Some benefits are tax-free and some are chargeable under head of salaries. Learn more about medical allowance and reimbursement, as well as family coverage.
This document covers
It is a fixed amount of money paid by an employer to employee on monthly basis. Medical Allowance is fully taxable and employee is not required to furnish any bills to employer to get the medical allowance
It means the employer will reimburse the amount of expenditure incurred by the employee towards medical treatment. Employee needs to furnish the bills to claim medical reimbursement from employer
To claim the medical expenditure as tax free, employee needs to furnish the following details.
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.