Diff between education allowances and expenditure
govind dmrenterprises (1 Points)
09 February 2017govind dmrenterprises (1 Points)
09 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160292 Points)
Replied 10 February 2017
If an employee gets allowance, its exempted (from salary) as per 10(14), and if an assessee pays educational fees its deductible as per section 80C.