Deduction u/s 80 C

This query is : Resolved

Ashish Barthwal (Querist)
Follow

03 February 2008 Can a person claim 80 C deduction for the fees paid to ICAI to register himself or his son?

As the act says fees paid to any university, college, school or any other educational institutions is eligible for deduction.

In addition, ICAI is Institution of Chartered Accountant of India and it is very well authorized/approved.

Ashish Barthwal

Ashish Barthwal (Querist)
Follow

03 February 2008 There is confusion in understanding the act on the aforesaid section, As the act is silent on the section and any computer fees paid will also eligible for the same.

Ashish Barthwal

Ashish Barthwal (Querist)
Follow

03 February 2008

S.Srinivasaraghavan

S.Srinivasaraghavan (Expert)
Follow

03 February 2008 Please note the words tuition fees.

Devendra Mishra

Devendra Mishra (Expert)
Follow

04 February 2008 TUITION FEES!!!!!!!!!!!!
NOT FEES
So Not eligible

sivasankar

sivasankar (Expert)
Follow

04 February 2008 Hi,
ICAI is not a college nor university nor educational institution.Hence 80-C will not be applicable to ICAI fee paid to son.
At any case fees paid to the assessee himself cannot be subject to 80-C deduction

Ashish Barthwal

Ashish Barthwal (Querist)
Follow

05 February 2008 And tell me one more thing that, if CA is an institution and fees is paid for the full time education, as fees can not be refunded nor withdraw till the completion of the term or session.
Below Conditions are fullfilled:

1- Fess Paid for the childrens
2- For Education
3- To Approved Institution
4- For Full Time Education
5- Fees of Rs 8000 Paid to the institute for registring in PCC, include Rs. 4000 tution fee
Please Solve my Problem

Ashish Barthwal

Ashish Barthwal (Querist)
Follow

CA Praveen Chopra

CA Praveen Chopra (Expert)
Follow

17 February 2008 Dear Friend,Section 80-C allows deduction regarding tution fees & not the registration fees.

jegannath G

jegannath G (Expert)
Follow

05 March 2008 tution fees paid for the regular (whole time) courses only

Ashish Barthwal

Ashish Barthwal (Querist)
Follow

17 March 2008 It is mentioned in the CA prospectus, RS 4000 as tution fees out of Rs 8000 as Registration Fees. And CA is education Institute according to section 80-C, AS it is mentioned any college, school, universty, or any other education institute providing full time education.

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

Manoj Sharma

Rajasekar

kopparapu bheemarao

Tanuj Kumar Sharma

Subscribe Now

Deduction u/s 80 C

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA