08 October 2013
An individual paid 78000 rs as fees in college for his sons education who is doing engineering, can we claim all the above amount as deduction???
08 October 2013
This deduction in respect of college fees is covered under Section 80C of the I-T Act. A parent can claim a deduction of payment made for tuition fee to any university, college, school or any other educational institution. The deduction on payments made towards tuition fee can be claimed up to Rs 100,000..
09 October 2013
Kindly note out of total amount amount which is paid towards tution fee is eligible for deduction under 80C . . fees receipts can be refered to know eligible amount
14 October 2013
Only tution fees allowed as deduction .. Other than that like hostel accommodation,food will not not consider while claimming deduction.
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