Exemption of expenses incurred on professional pursuits

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Dilip Kumar Inani (Querist)
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19 March 2021 I have paid fees for short professional courses of IIM which is related to my job profile . is it allowable expenses to deduct from my salary income by employer.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 March 2021 It's not an allowable expenditure.

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Dilip Kumar Inani

Dilip Kumar Inani (Querist)
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19 March 2021 Thanks from prompt reply. then what type expenses allowable under section 10(14) under rule 2BBB that any allowance granted for encouraging the academic , research and training pursuits in educational and research institutions. I am also getting education allowance ( Not the Children education allowance) can it be allowable under this allowance.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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19 March 2021 Yes, it's allowable any how your company knows it better and consider it

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