Income Tax clause (14) of section 10 - Professional pursuance allowance 100% exempt or not? - CiteHR
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Dear Experts,
Recently I have cleared a global IT certification on my own expense related to my work and surprisingly i found my boss has decided to reimburse me in lumpsum the whole amount of 1.32 lacs with my salary. Issue is that the I am having a tough time convincing the payroll team that as per IT act clause (14) of section 10, Professional pursuance/Academic research allowance is 100% exempted.
Please advise and guide - Am i wrong in my research and under which head should this appear in my payslip. Fyi my background, though an IT Veteran i have done 1 full cycle SAP HR/Payroll implementation 7 years back - hence the interest.
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