During the previous year, The employee was reimbursed ₹ 24,000 as medical expenses incurred by him, which includes ₹ 7,000 spent in Government hospital. The taxable perquisite in this case shall be:
A. ₹ 2,000
B. Nil
C. 117,000
D. ₹ 24,000
Answer:A
During the previous year, The employee was reimbursed ₹ 24,000 as medical expenses incurred by him, which includes ₹ 7,000 spent in Government hospital. The taxable perquisite in this case shall be:
A. ₹ 2,000 B. Nil C. 117,000 D. ₹ 24,000