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Exemption of twins child

VIRENDER SINGH GUSAIN (ACCOUNTS EXECUTIVE) (46 Points)

30 January 2015

Dear Sir/Madam,

If an assessee has first children twins, then what will be the exempt income for Children Education allowance US 10(14). Please suggest.

Is it Rs.100 x 1 x 12 = Rs.1200

or it will be Rs. 100 x 2 x12 = Rs.2400

Regards

Virender Singh Gusain

P.S. : Assessee has only these twins only.

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8 Replies

Ram M. Dixit (CA Final (Author)) (376 Points)
Replied 30 January 2015

This allowance is Rs.100 per child for maximum two children.

So Rs. 2400/- will be allowed.

vishalsingh (Student) (23 Points)
Replied 30 January 2015

befor no limite child 1/10/1998 after limit max 2

CA Pankaj Kr Agrawal (@Helping Hand) (2143 Points)
Replied 30 January 2015

Hi,

Children Education Allowance and Hostel Allowance allowed to the children of employee :

	Children Education Allowance	Hostel Allowance
Monthly Exemption	Upto Rs. 100 p.m. / child Max 2 child is exempt	Upto Rs.300 p.m. /child Max 2 child is exempt
Lump sum Exemption	Rs. 1,200 per child is exempt Max Rs.2,400 exempt	Rs.3,600 per child is exempt. Rs.7,200 is exempt.

Exemption u/s 10(14)(ii) read with Rule 2BB(ii) is Rs. 100 per month per child to the maximum of 2 children irrespective of actual expenses.

Arif Ali (Apt Co Advisory) (1230 Points)
Replied 31 January 2015

Originally posted by : VIRENDER SINGH GUSAIN
	Dear Sir/Madam, If an assessee has first children twins, then what will be the exempt income for Children Education allowance US 10(14). Please suggest. Is it Rs.100 x 1 x 12 = Rs.1200 or it will be Rs. 100 x 2 x12 = Rs.2400 Regards Virender Singh Gusain P.S. : Assessee has only these twins only.

you can claim 2400.00 .i.e. 100 x 2 x 12 = 2400.

Arif Ali (Apt Co Advisory) (1230 Points)
Replied 31 January 2015

Originally posted by : CA Pankaj K Agrawal
	Hi, Children Education Allowance and Hostel Allowance allowed to the children of employee : Children Education Allowance Hostel Allowance Monthly Exemption Upto Rs. 100 p.m. / child Max 2 child is exempt Upto Rs.300 p.m. /child Max 2 child is exempt Lump sum Exemption Rs. 1,200 per child is exempt Max Rs.2,400 exempt Rs.3,600 per child is exempt. Rs.7,200 is exempt. Exemption u/s 10(14)(ii) read with Rule 2BB(ii) is Rs. 100 per month per child to the maximum of 2 children irrespective of actual expenses so Rs. 1200 (Rs. 50* 2 *12) will be exempted.

Hi Pankaj, can you please explain why only 1200 allowed. (50 x 2 x 12 = 1200)

manoj (student) (5205 Points)
Replied 01 February 2015

Only 2 children are allowed

Jayan K (2 Points)
Replied 16 July 2019

I have 3 children. Elder girl 9 yrs and younger twins 4 yrs. All three are getting CEA. In the case of second delivery twins how much is IT exemption, 2400 or 3600?