Income tax

jitendra (Querist) 18 May 2011 This query is : Resolved
My freind is getting salary from firm in form 16 a she is getting deduction of Medical reimbursement of Rs 15000/- and transport allowance of Rs 9600/- also she is seperatly paying mediclaim question is whether she can get two deduction on mediclaim

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A V Vishal (Expert) 18 May 2011
One is medical reimbursement which is deductible under the head salary, the latter is a deduction under S.80D, she can claim both.

Shreyans (Expert) 18 May 2011
Medical Reimbursement is exempt u/s 10 of Income Tax Act amounting to Rs.15,000.00 further Mediclaim is an Investment which is deducted from Salary for arriving to the tax liability subject to Rs.15,000.00 under Section 80D of Chapter VIA