Deduction under 80C
This query is : Resolved
27 January 2011
Respected Sir,
I have deposited fees for B-Ed courses for 50K in this financial year.
May I get the benefit for this amount under section 80C of Income Tax.
I have deposited fees for B-Ed courses for 50K in this financial year.
May I get the benefit for this amount under section 80C of Income Tax.
Guest
Guest
(Expert)
27 January 2011
If it is a payment for tuition fee but not for assessee himself
27 January 2011
mr.moondra ji, I have a doubt. Tution fees is allowed for only to two children of individual. Is it possible to claim self studies also?
Please clear my doubts.
Please clear my doubts.
CA PARAS BAFNA
(Expert)
27 January 2011
In Section 80C benefit is available only in respect of tutition fee of any 2 children of the individual.
Hence you will get monetary benefits for this amount in future but not U/s 80C in the year of payment of fee.
Hence you will get monetary benefits for this amount in future but not U/s 80C in the year of payment of fee.
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