CA Shweta (Manager) (60 Points)
01 July 2015Respected members,
I wish to know if the expenses incurred on professional development course for self is tax deductible for a self employeed person.
E.G. If a tax practioner enrolls for a specialisation in internal audit, can he/she claim it as an expense citing the course is going to improvise his/her professional performance.
CA Suri Kota
(Assistant Manager @ EY)
(955 Points)
Replied 01 July 2015
Hi,
The allownace of such expenses is at the discretion of assessing officer. The AO can contend that its in the nature of personal expenses and can disallow at the firts shot.
If you are able to convince him showing the relevant proof like any new assignments due to such courses or any imporvement in the business in terms of revenu numbers, then definitely you can claim such expenses.
Thanks,
Suri
CAclubindia
