Childern Education Allowance
This query is : Resolved
18 February 2010
Whats the difference between Childern Education Allowance Rs.100.00 per month & Childern Education Allowance Under Section 80C
18 February 2010
Children education allowance is exempt upto Rs 100 /- per month per child upto maximum of two chidren.
Section 80C deals with deductions while computing the total Income. It does not mentions "Children Education allowance" any where in section.
As per section 80C, you will get dedcution for "Tuition Fee" paid to prescribed education institution subject to maximum og two children. You will be eligible for deduction on Tuition fee paid basis irrespective whether you are getting "Children education allowance or not.
Regards
Section 80C deals with deductions while computing the total Income. It does not mentions "Children Education allowance" any where in section.
As per section 80C, you will get dedcution for "Tuition Fee" paid to prescribed education institution subject to maximum og two children. You will be eligible for deduction on Tuition fee paid basis irrespective whether you are getting "Children education allowance or not.
Regards
18 February 2010
Children education allowance not related to Sec.80C ,Sec.80 C covered children education tution fees
18 February 2010
agreed...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Opting our of sec 44AD
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Multiple trade mark
- FORM 26A APPLICABILITY
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
