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Tax Exemption - Medical Allowance for Salaried Personnel, Income Tax
Issue Id: - 108030
Dated: 18-2-2015
By:- Lancy Menezes

Tax Exemption - Medical Allowance for Salaried Personnel

  • Contents

I joined an organization in June 2014. Medical Allowance in the amount of ₹ 15,000/- is tax exempted annually. Is this applicable to me too OR I get a tax exemption only for ₹ 12,500/- only i.e. 10 months of employment in FY 2014 - 2015 (June 2014 to March 2015). Please advise.

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Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 20-2-2015
By:- MARIAPPAN GOVINDARAJAN

In my opinion ₹ 12,500/- is allowable.

Page: 1

Old Query - New Comments are closed.
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