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Re-imbursement of education expenses

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(Querist)
13 May 2011 Dear All,

Whether Reimbursement of Education Expenses for kids by employer is taxable to Employee ?
If yes,
1.any tax concession is available to the employee ?
2. Any Maximum Limit is prescribed ?

Thanks & Regards

Suren
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
13 May 2011 IT WILL BE COVERED BY SECTION 17(2)(iv)

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