While allowing deduction for children's tution fees U/s 80-C what type of fees should we consider as allowable decution ?
Since there are various types of fees taken by school/college/institutions like tution fees, term fees, library fees, gymkhana fees, lab fees, admission fees, project fees etc.
Normally I am considering only tution fees and not other fees is it correct ?
28 March 2014
FOLLOWING CONDITIONS MUST B FULFILED:- 1. Edu. must b imparted in India 2. Private tut. fee is noe eligible 3. Entrance Fees, section charges etc shall b allowed 4. Donations shall not b allowed as deduction.