16 April 2009
Fees paid for my brother for engineering course for i year Rs.8000/-, Rs.16,900/-, and Rs. 40,000/-
In two receipts bifurcation of amount is given as admission fee, tuition fee...etc... but in third receipt, the particulars column is cancelled and directly lumpsum amount 40,000/- is charged.
in 2nd and third year, same way 63,400/- and 64900 is paid...how much can i claim as deduction under section 80 C for the third year in my dad's return. is there any limit for claiming deduction on account of tuition fees.
16 April 2009
if the receipt does not have any clarification about the nature of receipt.... you can assume all the amount as tuition fees. hence you can claim adhoc deduction of Rs.63400 and rs.64900.
CAclubindia
