sec 80C

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sumit pareek (Querist)
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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

CA Sanat Pyne (Expert)
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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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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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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.

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Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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08 August 2010 agree, max upto 1 lacs..

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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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

sumit pareek

sumit pareek (Querist)
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08 August 2010 thankyou so much all of u....

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