Is Further Education Policy should be Taxable or Non Taxable?

Ask the Community Income Tax
1

As per our company policy, Employees are claiming the amount which they spent on Further Education, Is it should be Taxable? This is extra benefit providing from company not included in Salary

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2

Hey @Ramanath,

For your reference posting this here.

This comes under exempt perquisites, for training and further education of the employee incurred by the employer, which is treated as essential requirements of the employment for the benefit of the employer (improving skillsets of the employees), as long as the policy is to provide the same across the board and not for only a few selected employees.

Regards,
Community Manager.