Deduction for children's tution fees u/s 80-c
This query is : Resolved
arun laxman gaikwad
(Querist)
28 March 2014
Dear Sir
Kindly clear:
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 ?
Regards
Arun
Kindly clear:
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 ?
Regards
Arun
28 March 2014
u can take full fees as they have been paid by u on u get the reciept...
Sandeep Dharar
(Expert)
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.
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.
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