I am Accounts officer BSNL

[JETHU SINGH]

1.Is medical bill submitted by retired employees to BSNL.On such reimbursement TDS is deductable or not. If yes whta rate ? under what rule in income tax act

AI Summary

Telecom company explores TDS applicability on medical reimbursements for retired employees, referencing section 192B and pension tax slabs. An accounts officer from a telecommunications company inquired about the tax implications on medical bill reimbursements for retired employees. Specifically, the question focused on whether Tax Deducted at Source (TDS) is applicable and at what rate. One respondent indicated that TDS is deductible under section 192B, depending on the pension tax slab. Another queried whether such reimbursements are exempt from TDS, while a third noted that if reimbursements exceed 15,000, TDS should be applied.