Online course fee claiming under allowance of books and periodicals
This query is : Resolved
Divyansh Gaur
(Querist)
16 May 2022
Hi Experts,
Please, give me some clarity regarding an income tax related issue.
Can an employee claim the online course fee amount for allowance under books and periodicals.
As books and periodicals both gives us information and knowledge regarding our profession and in present times there are a lot of online professional courses regarding finance and Information Technology. These courses also allow us to enhance out knowledge and use it to boost the business ecosystems.
Please, give revert asap.
Thankyou
Please, give me some clarity regarding an income tax related issue.
Can an employee claim the online course fee amount for allowance under books and periodicals.
As books and periodicals both gives us information and knowledge regarding our profession and in present times there are a lot of online professional courses regarding finance and Information Technology. These courses also allow us to enhance out knowledge and use it to boost the business ecosystems.
Please, give revert asap.
Thankyou
CA R SEETHARAMAN
(Expert)
16 May 2022
Standard deduction of 50,000 allowed, this has to take care such expenses.
No other deduction allowed for such fee payment.
No other deduction allowed for such fee payment.
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