Laptop purchase - eligible for it exemption?


This query is : Resolved 

15 March 2016 Sirs,

Is it possible for an employee to claim Laptop purchase to get Income Tax exemption?

He is getting Laptop Allowance, but is using the Client's Laptop.

15 March 2016 Sir
No IT exemption is allowed for salaried person but if you use it for your business you can claim depreciation as allowed expenses


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