Deduction for children's tution fees u/s 80-c
This query is : Resolved
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...
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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Regarding appeal to GSTAT
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- Transporter Declaration form
- Value of property in capital gain
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
