TILL NOW I AM RECEIVING THE MEDICAL RE-IMBURSEMENT FROM MY COMPANY AGAINST SUBMISSION OF ORIGINAL BILLS. NOW THEY ARE PROPOSING TO MAKE PAYMENT OF RS. 1,250/- P.M. WITHOUT SUBMITTING BILLS AND ASK US TO SUBMIT ALL THE MEDICAL BILLS AT AROUND IN THE MONTH OF JANUARY TO CLAIM DEDUCTION.
CAN THEY ACTUALLY DO THAT ? ONCE THEY STARTED GIVING IT AS A FIXED SUM WILL IT BE TREATED AS ALLOWANCE INSTEAD OF RE-IMBURSEMENT? CAN THEY STILL COVERT IT TO RE-IMBURSEMENT FOR ALLOWING TAX DEDUCTIONS ?
THANKS
M. BHASKAR
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