Reimbursement of medical expense is not perquisite u/s 17(2)

CA Prarthana Jalan Hon’ble Mumbai ITAT has in the case of Mr. Rajkamal R. Bajaj v/s ACIT has held that Reimbursement of a medical expense is not perquisite u/s 17(2) of the Act. Brief facts of the case are that The assessee received a sum of Rs.90,090/- towards reimbursement of medical expenses from the company M/s Bajaj Consultants Pvt. Ltd., wherein, he is a Director and claimed the same as exempt u/s 17(2) of the Act. The ld. Assessing Officer in view of section 17(2)(vi) brought to tax by treating it as perquisite under the head income from salary and taxed accordingly. The Ld CIT(...