Income Tax Deduction Education Fees/Tution Fees Deduction U/s 80C

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This discussion clarifies the deduction available for tuition fees under Section 80C of the Income Tax Act. The total deduction limit for Section 80C is Rs. 1,50,000, which includes tuition fees along with other eligible expenses like LIC premiums and EPF contributions. Specifically, tuition fees paid for full-time education of up to two children are deductible, excluding any development fees or donations.

Sopan Dattatray Pingale

Sopan Dattatray Pingale (Querist)
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07 December 2021 Sir,

Please help to me decided how many Rs.-----------deduction allowed for Education Fees/Tution Fees U/S 80C,Please help provide for related notification.

Please help f to me.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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07 December 2021 Deduction u/s. 80C of IT act is Rs. 1,50,000/- in aggregate. It includes tuition fees along with other eligible deductions like lic premium, epf contributions etc...

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Sopan Dattatray Pingale

Sopan Dattatray Pingale (Querist)
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07 December 2021 Sir,

My boss daughter education in D Pharmacy Second year in medical institute deposited fees Rs.76000.00 for tution fees i can claim 76000.00 in IT section 80C.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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07 December 2021 YES, but excluding any payment towards any development fees or donation or payment of similar nature.

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Sopan Dattatray Pingale

Sopan Dattatray Pingale (Querist)
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07 December 2021 OK Ok Thanks Sir Solve My Query Thanks

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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07 December 2021 Most welcome ...

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