01-25-2009, 01:03 AM
well <b>clause 139</b> has the provision of medical allowance as both of u ppl said... this 10% exemption is avaiable only if no other benefit in this regards has been received by employee...
following are the exact wordings
<b>"any medical allowance received by an employee not exceeding ten
per cent of the basic salary of the employee if free medical treatment or
hospitalization or reimbursement of medical or hospitalization charges is not
provided for in the terms of employment;"</b>
there is one allowance, <b>"compensatory allowance" sec 35</b>
<b>"Any income representing compensatory allowance payable to a citizen of
Pakistan locally recruited in Pakistan Mission abroad as does not exceed 75 per
cent of his gross salary."</b>
this too is deductible under salary income...
is k ilawa <b>clause 5 second schedule to IT),2001</b> hai aik....
<b>Any allowance or perquisite paid or allowed as such outside Pakistan by the Government to a citizen of Pakistan for rendering service outside Pakistan.</b>
one should be government employee for this to avail...
Hope this has helped u a bit p...
following are the exact wordings
<b>"any medical allowance received by an employee not exceeding ten
per cent of the basic salary of the employee if free medical treatment or
hospitalization or reimbursement of medical or hospitalization charges is not
provided for in the terms of employment;"</b>
there is one allowance, <b>"compensatory allowance" sec 35</b>
<b>"Any income representing compensatory allowance payable to a citizen of
Pakistan locally recruited in Pakistan Mission abroad as does not exceed 75 per
cent of his gross salary."</b>
this too is deductible under salary income...
is k ilawa <b>clause 5 second schedule to IT),2001</b> hai aik....
<b>Any allowance or perquisite paid or allowed as such outside Pakistan by the Government to a citizen of Pakistan for rendering service outside Pakistan.</b>
one should be government employee for this to avail...
Hope this has helped u a bit p...
