Deduction us 80c tution fee

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 father and mother both are the taxpayers,both can claim the deduction IF both pay rs 100000/- each for same child from joint bank account.

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28 March 2014 if they are paying from their taxable income sep then yes....

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 can they pay from joint account

28 March 2014 yes but should have earned first sep and then deposited in joint a/c and then pay fpr 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 both geting salary from own company as a director in same joint account.

29 March 2014 should not be an issue as long as you structure as Tushar suggested.


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