Children Educ & Hostel Allowance

This query is : Resolved

MANISH GUPTA (Querist)
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09 May 2009 tell me about Children education Allowance & Children hostel expenditure Allowance.

i want to know that exempted amount Rs. 100 per child P.M. upto 2 children & 300 per child P.M. upto 2 children is applicable when employee has child or not if employee has not a child than i can take a exemption upto 2 children or not

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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10 May 2009 No, You can not claim exemption if -

1. You do not have any child.
2. If you have but he neither goes to a school nor he lives in a hostel.

You may claim exemption only -
1. If he/she goes to school. You can claim only Rs 100/ per month. If you have 3 school going children you can claim max Rs 200/-per month only. For the third child if you want to avail exemption for only Hostel Expenditure Allowance , it will be allowed upto Rs 300/- only.
2. If your 2 children go to school you can claim Rs 200/- and If you have admitted them into a hostel also, (200+300)*2=1000 (this is maximum)
It is clear from the above that presently
you can take allowance from your employer but you can not take exemption.

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