13 March 2014
1. How much is the limit for claiming 80C deduction for Children education exps? 2.Should it be tuition fees alone or term fees also accepted? 3. Should the bills be produced in original?
13 March 2014
1. max 1,00,000 2. should be genuine fees paid to school. 3.only when AO demands, so u must preserve it for min 8 years if deduction is claimed.
13 March 2014
Thank you Tushar. Can u pl. respond to my previous query also? (When did Service Tax become payable on accrual basis? In 2010 & all, it was on receipt basis.)