sec 80C
This query is : Resolved
sumit pareek
(Querist)
08 August 2010
Is there any limit in sec 80C for tution fee and amt. of repayment of loan take for construction of house??
CA Sanat Pyne
(Expert)
08 August 2010
there is no single limit for the above. total amount of all falls under 80c should not exceeds 1,00,000/-
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08 August 2010
Agree with Mr. Sanat.
Just Remember The Deduction u/s 80C in respect of tution fee is available for any two children.
Just Remember The Deduction u/s 80C in respect of tution fee is available for any two children.
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Murtaza I Bhagat
(Expert)
08 August 2010
agree, max upto 1 lacs..
08 August 2010
Deduction under this section is available for tuition fees paid on two children’s education. If Assessee have more then two children then he can claim tuition fees paid of only two children’s. The Deduction is available for any two children.
Here we would like to mention that husband and wife both have a separate limit of two children each, so they can claim deduction for 2 children each.
for more detail and frequently asked question on tution fees , click on below linke
Read more: https://www.taxguru.in/income-tax/deduction-us-80c-for-tuitionschool-fees-paid-for-education-of-children.html
Deduction under this section is available for tuition fees paid on two children’s education. If Assessee have more then two children then he can claim tuition fees paid of only two children’s. The Deduction is available for any two children.
Here we would like to mention that husband and wife both have a separate limit of two children each, so they can claim deduction for 2 children each.
for more detail and frequently asked question on tution fees , click on below linke
Read more: https://www.taxguru.in/income-tax/deduction-us-80c-for-tuitionschool-fees-paid-for-education-of-children.html
sumit pareek
(Querist)
08 August 2010
thankyou so much all of u....
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