Income tax exemption-membership fee

Dear Friends,

Is there any Income Tax exemption on Membership fee paid by a Chartered Accountant who is under employment and not in practice?

 

Replies (1)

No, there is no such deduction in Income Tax for salaries CAs. If you are in practice, you can claim deduction u/s 37.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register