Educational Allowance as per IT
This query is : Resolved
01 April 2008
Respected Sir,
I want know Educational Allowance allowed as per Income Tax Act Financial Year 2007-08 ?
Is it Undersection 80C ?
In which Section Provident Fund Employee
contribution is exampt?
Your immediate reply will be highly appreaciated
Thanking you
Your faithfully
Vilas Choudhari
Respected Sir,
I want know Educational Allowance allowed as per Income Tax Act Financial Year 2007-08 ?
Is it Undersection 80C ?
In which Section Provident Fund Employee
contribution is exampt?
Your immediate reply will be highly appreaciated
Thanking you
Your faithfully
Vilas Choudhari
01 April 2008
Education allowance is allowance ..its not a deduction... ED. All. is RS.100 P.M max 2 child.
PF is exempted us 80C
PF is exempted us 80C
01 April 2008
Education Allowance:- Rs 100 p.m. for a max of 2 children
*If the child is staying in a hostel a max of Rs 300 p.m. for a max of 2 children.
PF is an instrument which is exempt u/s 80 c.
*If the child is staying in a hostel a max of Rs 300 p.m. for a max of 2 children.
PF is an instrument which is exempt u/s 80 c.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- FEMA regulation Act. for inward remitance
- Accounting with Claude
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
