Professional update allowance for scientists


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2014 Sir,

Kindly update whether professional update allowances for Scientists is TAXABLE income.

2. If someone Utilised it fully it is exempt. what kind of expenditure required for utlisation.

08 January 2014 I think it gets covered under 10(14)(i) and hence should be totally exempt.

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2014 tnks u Nikhil.

I read Sec 10(14)i It means there is no need to include this Professional Update Allowance in income?

good wishes great time to you.

08 January 2014 you are welcome friend..


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