Answered. No benefit to you. ===========================================
Expert : Chezhiyan Posted On : 1/2/2009 5:54:01 PM
is that true? =========================================== Expert : CA. Ravikumar Posted On : 1/2/2009 6:03:52 PM
What if the employer reimburses the fee as towards "professional pursuit", whether this is exempted under 10(14)? =========================================== Expert : CA.B.Chackrapani Warrier Posted On : 1/2/2009 10:13:31 PM
I answered with a mistaken understnding that the question was raised u/s 80C. Inconvenience is regretted. =========================================== author : Subhash Kumar Jha
Dear Sirs,
So finally what is the exact answer to my question & which is the section & limit amount?
03 January 2009
Dear Friend, you have not mentioned about the course, if its a full time course then Yes, the deduction under 80E shall be allowed. (there is no condition as it shall be registered under UGC) contents of 80E are given below (c) higher education means full-time studies for any graduate or post-graduate course in engineering, medicine, management or for post-graduate course in applied sciences or pure sciences including mathematics and statistics; U can access the 80E as per the Income Tax act just follow the below link http://law.incometaxindia.gov.in/TaxmannDit/DispCitation/ShowCit.aspx?fn=http://law.incometaxindia.gov.in/DitTaxmann/IncomeTaxActs/2007ITAct/section80E.htm
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