01 November 2017
Will ITC be allowed on GST paid on higher education fee of employee paid by a Pvt Ltd Company, so that he can benefit organisation in long term.
01 November 2017
So I have a family owned pvt ltd company of which my status is of an employee, and I will be pursuing post graduation in business management, after which I will be applying my knowledge for the same business..
Will I get any benefit if I can apply as corporate sponsored education. (As the colleges have option to get your education sponsored by corporates.)
The education ranges above 10Lac +GST
I have good amount of ITC in my company.
I read in DT laws, that education sponsorship funded by corporate on an employee of which the knowledge will be applied in the business, the expense shall be allowed as deduction .
CAclubindia
