80c

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Monika Agarwal

Monika Agarwal (Querist)
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13 June 2012 Whether HUF is eligible for deduction u/s 80C for payment towards tution fees of it members?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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13 June 2012 Yes HUF is eligible for deduction in respect of tution fees paid for any of its members.

Monika Agarwal

Monika Agarwal (Querist)
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13 June 2012 Althoug deduction u/s 80c is available to individual or a HUF but Sec 80c says that:-
Any sum paid as tuition fees(not includingany payment towards development fees/donation/payment of similar nature) whether at the time of admission or otherwise to any university/ college/ educational institution in India for full time education of any two children of AN INDIVIDUAL
Does here the word AN INDIVIDUAL suggest that deduction is available only to an individual or even to HUF?
According to the wordings of the sec it seems that deduction is available only to an individual.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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13 June 2012 Tuition fees can be claimed by only individual,it is very clearly mentioned in section.80C.

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