JANMEJAI GAUR (Asst. Manager -Accounts) (52 Points)
28 March 2011AN EMPLOYEE PAY RS.55000/- DURING 2010-11 FOR MBA STUDY ,
IS IT EXEMP. FOR DEDUCTION FROM INCOME .
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 28 March 2011
u will get deduction only of tuition fees u/s 80 c but wait for others
Mohammad Asif
(chartered accountant)
(191 Points)
Replied 18 May 2011
ONLY TUTION SHALL BE ALLOWED AS DEDUCTION NO DEVELOPMENT FEES OR DONATION LATE FEES SHALL BE ALLOWED AS DEDUCTION THE COURSE SHOULD BE FULL TIME EDUCATION AND SHOULD BE WITHIN INDIA
CAclubindia
