Dear Experts,
One of our client is a doctor and he has incurred a heavy expenditure of Rs. 1.5 lacs on his training or education. He has incurred this for the first time.
Whether this expenditure is capital or revenue in nature? Also tell me the tax treatment of this expenditure.
Interactive Media Pvt Ltd.
New Delhi
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Subrahmanyam & Sivudu CA Firm
Hyderabad
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Kothari Jain Patil & Chartered Accountants
Pune
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Rohit KC Jain & Co
New Delhi
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CCI
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CAclubindia
