Own tuition fee exemption

This query is : Resolved 

06 January 2014 Dear Sir,

Can i take my own MBA tuition fee rs. 14700/- exemption in income tax under 80C or this is valid for childrens only. Pls help me.
Regards,
Rahul Mehra

07 January 2014 Under the provisions of clause (xvii) of sub section (2) of section 80C read with sub section (4) of section 80C,deduction in respect of tuition fees can be availed of only in case of any two children of an individual. thus there is no provision for claiming deduction for own tuition fees of an individual.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Follow us
OR add as source on Google news


Answer Query