I am a IT Professional. In continuation of professional development can the expenses / fees paid towards certifications be claimed under any section of Income tax act? My company doesn't have a policy to pay for such certification cost so it upto individual to stay updated / abreast with latest technology.
1 Replies
Ruchi
(CA)
(1410 Points)
Replied 01 May 2016
If you are a salaried individual then professional d3velopment expenses are not allowed as deduction
However , if you are showing your income under Income from Business or Profession then you can claim such expenses.
Recent Topics
- Section 194 J Technical Service/Professional Servi
- Solving of Export Related Problems
- Need your valueble insight.
- Softex For freelancer ?
- GST ON REIUMBURSEMENT ENTRY ON GST PORTAL
- Missing invoice in gst
- GST on consultancy
- Linking adhaar to UAN without employer
- WHETHER ITC REVERSAL TH. GSTR 3B OR DRC03
- Advance Tax For Freelancers
Related Threads
CAclubindia
