Deductions allowable from professional income


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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2013 Hi
I am newly qualified CA. i wanted to know whether following will be allowed to be deducted from professional income.
i)membership & COP fees paid
ii) cpe program fees paid
Thanks

Rupesh Jain (Expert)
11 June 2013 yes it is allowed


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