Is colllege fee deducatable u/s 80c or not
This query is : Resolved
29 December 2011
Assessee earned salary income, and also paid tuition fees for himslef to university can claim deducted under 80C, if not then in which sectio he can claim deducted under Income Tax Act
29 December 2011
Dear Vivek
You cannot claim tution fees under Sec. 80C for yourself, that can be claimed only for your children.
You can structure your salary income and put in such type of expenses as Academic Allowance under section 10 (14)
You cannot claim tution fees under Sec. 80C for yourself, that can be claimed only for your children.
You can structure your salary income and put in such type of expenses as Academic Allowance under section 10 (14)
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
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR selection for salaries and capital gain less than L
- Reporting Income under Section 44ADA
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
