Annual subscriptions paid to a professional institute or
society, membership of which gives the right to use a
qualification, may be admitted as deductions where profits from the
profession are assessed on the member.
Allowance may also be made, on the ground indicated in BIM47430 for annual subscriptions to local professional societies or branches of societies, if the objects of such societies or branches are mainly professional.
The arrangement in BIM47425 should not be invited. Any legal liability of the institute or society under Case III etc should be assessed.
Entrance or admission fees are not admissible in the normal course. Where, however, a claimant insists that such a deduction is admissible; a report should be made to CT&VAT (Technical).