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of <h1>Hospital Wins Tax Exemption for Employee Medical Expenses Under Section 17(2) Income Tax Act Provisions</h1> A hospital located in Ranchi received approval under Section 17(2) of the Income Tax Act for medical expenditure exemption. The approval allows employers to reimburse employee medical treatment expenses without tax implications, specifically for prescribed diseases. The approval is valid for three years from 31.01.2019 to 01.02.2022, subject to compliance with statutory conditions and potential modifications. The hospital must remain open for tax department inspections and notify authorities of any changes affecting its approval status.
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