income from salary

No, expenses are not allowed as deduction from the income from salary...

Originally posted by : Amit Nishania
	No, expenses are not allowed as deduction from the income from salary...

I Agree with Amit..........

Originally posted by : Amit Nishania
	No, expenses are not allowed as deduction from the income from salary...

ya it is not allowed 

not allowed.

Dear Friends

I wanna tell you its not an expenses. you are purchasing Fixed Assets. Its not allowed for deduction not only in Salary case but in all cases its not eligible for deduction.

Regards

Originally posted by : Amit Nishania
	No, expenses are not allowed as deduction from the income from salary...

ya it is not allowed

ya it is not deductible

As per section 3(7)(viii) of income tax the benefit to the employee arising from the transfer of any movable assets belonging to the employer  directly or indirectly to the employe or any member of his house hold  shall be determined as under

For Computer  and electronic :- Actual cost of such asset to the employer as reduced  by the 50% of the cost to the employer  for each completed year during which such assets was put to use by the employer , on the basic of WDV method.

Conclusion in your case if you can proof that indirectly it is purchase by the employer and emplyer made payment to the emplyee than 50% ( completed year used by the employer) cost is reduced and wdv method is used. bill is in the name of company that 50% add in your salary.

but individualy you are  purchasing it for your  self other than the salary it wil not allowed any where. 

it will taxable in emplyee hand  in your  case if you have the bill in ur name even though company reimburse you for the same.  

But provided he should get from Co as perquisite

Dear Friend,

Purchase of any type of Fixed Assets is not elligible for deduction from Income from salary, as the laptop purchased by the assessee comes under the category of fixed aseets and hence the amount spent for the laptop is not allowable under this head.

Originally posted by : Amit Nishania
	No, expenses are not allowed as deduction from the income from salary...

Agreed

agree with amit

no,  u will not get deduction on the invoice amount of laptop?