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Qualification Allowance

This query is : Resolved 
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(Querist)
16 April 2010 Who is eligible for Qualification aloowance?
In which section under Income Tax that allowance is covered?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 April 2010 It must be depending upon the companies policy to give such an allowance.

No such allowance as per Income Tax Act
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
16 April 2010 No exemption in income tax of qualification allowance
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
16 April 2010 Agree, No Exemption in Income Tax.
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