Childern Education Allowance
This query is : Resolved
Praveen Thakur
(Querist)
18 February 2010
Whats the difference between Childern Education Allowance Rs.100.00 per month & Childern Education Allowance Under Section 80C
CA Chitresh Gupta
(Expert)
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
CMA Ramesh Krishnan
(Expert)
18 February 2010
Children education allowance not related to Sec.80C ,Sec.80 C covered children education tution fees
CA Ravi Sisodia
(Expert)
18 February 2010
agreed...
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