Sanjay Ghewade (Finance Professional) (56 Points)
31 August 2012I want to know, can i get exemption on amount paid to Harward Business School for 1 week Commercial Training, if yes then under which section...
CA C.JANANI
(partner)
(270 Points)
Replied 31 August 2012
If you are a professional ,u can claim the same as your business expenditure as you are upgrading yourself, under residual head.
Sanjay Ghewade
(Finance Professional)
(56 Points)
Replied 31 August 2012
| Originally posted by : C.JANANI | ||
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If you are a professional ,u can claim the same as your business expenditure as you are upgrading yourself, under residual head. |
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thanks for reply, but can i get exemption if i am salaried employee....
CA C.JANANI
(partner)
(270 Points)
Replied 31 August 2012
No . If your employer has reimbursed you the same , u need not take it as income . Otherwise if u have paid through yourself, it is not deductible under salary head
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