Do I need to provide medical/uniform receipts if my total income with these exceeds 2 lakh but without the nontaxable elements it is less ?

My total income for the year including the Medical allowance & Transport allowance exceeds 2 LPA. Considering these allowances are non taxable, if I deduct them then my total income comes to be under 2 LPA which is tax exempt. My question is do I need to provide the receipts in order to avail the exemption or is it not required ?

asked May 12 '13 at 21:25 by netearning 11

If you don't provide receipts/bills to employer, they would make it taxable and may deduct TDS if total income exceeds 2 lakhs.

Transport allowance (800 per month) does not need submission of bills/receipts.

answered May 13 '13 at 12:50 by Pankaj Batra 5.2k320


Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text]( "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported



Asked: May 12 '13 at 21:25

Seen: 1,854 times

Last updated: May 13 '13 at 12:50