In the ctc of a salaried emoloyee, a part is Special Allowance. He is also pursuing some part time higher educational course for which he incurs some expenditure. Can he claim exemption under rule 2BB of Income Tax Rules in respect of the total educational expenditure.
2 Replies
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 19 January 2008
No, this is not eligible under rule 2BB
Devendra Sharma
(Associate)
(38 Points)
Replied 19 January 2008
one category under the rule is expenditure incurred in connection with 'academic, research and training pursuits in educational and reserach institutions'...suppose he is a CS and pursuing CPA, cant he claim expemption for expenditure in connection with CPA..?
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