Exemption of expenses incurred on professional pursuits

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This discussion explores the deductibility of fees paid for professional courses, such as those from IIM, against salary income. While initially deemed not allowable, the conversation shifts to Section 10(14) and Rule 2BBB, which cover allowances for academic, research, and training pursuits in educational institutions. It suggests that education allowances (distinct from children's education allowance) might be allowable under these provisions, with the employer ultimately determining eligibility.

Dilip Kumar Inani

Dilip Kumar Inani (Querist)

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)

19 March 2021 It's not an allowable expenditure.

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Dilip Kumar Inani

Dilip Kumar Inani (Querist)

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)

19 March 2021 Yes, it's allowable any how your company knows it better and consider it

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