Exemption of education allowance


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2017 I have spent Rs.2,20,000/- for my one children to avail admission for study at Media & Advertising to a reputed Educational Institution in the F.Y.2015-16. Her age is 18+.. Should I get the exemption of the expenses under IT Act ? Waiting for valued suggestion regarding the matter.



08 March 2017 No exemption except for deduction under these two sections.

Sec 80C - Deduction on tuition fees only and not any other charges.
Sec 80E - Deduction on interest for higher education loan


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