Children education allowance
This query is : Resolved
03 February 2012
Whether children education allowance for Rs. 1,000=00 per month as per office memorandum dated 02.08.2008 of Govt of India is exempt from Income Tax?
03 February 2012
Children education allowance is exempted Rs.100 per month per child (maximum 2 child)
No changes on this.
No changes on this.
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04 February 2012
Limit for education allowance is for 2 children. It is eligible u/s 80C with max limit of Rs.1 lac. Further details you can visit following link:
https://taxguru.in/income-tax/deduction-us-80c-for-tuitionschool-fees-paid-for-education-of-children.html
https://taxguru.in/income-tax/deduction-us-80c-for-tuitionschool-fees-paid-for-education-of-children.html
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