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Expenses of Sponsorship a student at UGC approved Institute

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(Querist)
20 June 2009 If a company sponsor a MBA student at a UGC approved institute and pay all fees of said student. As per IT rules such expenses shall be avilable to company or not ?
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CA.BHARAT BHUSHAN

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CA.BHARAT BHUSHAN (Expert)
21 June 2009 NO

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