No Tax Deduction for Education Expenses of Sole Proprietor: ITAT [Read Order]

The Jaipur bench of the Income Tax Appellate Tribunal (ITAT) has held that the sole proprietor cannot be eligible for a tax deduction for his own education expenses as the same cannot be treated as business expenses under the Income Tax Act, 1961. The assessee, an individual engaged in the business of trading in bullion […]

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