Deduction for educational expenses

This query is : Resolved 

27 March 2009 Sir,
I am a Surgeon, Me and my wife both are incometax payers. My daughter is in MBBS. Her annual fees is Rs.3.25 Lac. Under 80C there is rebate of Rs.1 lac for investment or educational expences. My quetion is can both the parents share the feees paid and cliam rebate of Rs.1 lac each for both ?
Please kindly answer urgently as fees are to be paid by 31st of March.
Thanking You
Dr.Ramesh Patel

27 March 2009 Under section 80C, sum allowed as deduction
is TUTION FEES excluding any payment towards development fees or donation or payment of similar nature. So first you have to check that how much amount is paid as tution fees.
Second point is that it will be allowed to an individual who has paid this fees.

27 March 2009 To add on - And the maximum amount claim is restricted to 100,000 either jointly or individually


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details