Self education expenses
individual professional eg. Doctor can claim slef education expenses eligible for P&L Account or any other benefit in IT
Replies (4)
Quick Summary
Please elaborate on nature of expenses
Just carreer development courses or MBA courses privately
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P&L Eligibility: Professional self-education expenses are deductible under Section 37 only if a direct nexus can be established showing the knowledge is immediately utilized to earn professional income.
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Rule of Thumb: Direct skill upgrades for current practice = Deductible. Entirely new career tracks, general degrees, or personal lifestyle education = Not Deductible.
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