banner_ad

Tax saving

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 August 2011 SIR
OUR FIRM IS AN EDUCATIONAL INSTITUTION, WE ARE PAYING CHILDREN EDUCATIONAL ALLOWANCE ON ON THE BASIS OF REIMBURSEMENT BASIS,AN EMPLOYEE RECEIVED RS 24000 AS CHILDREN EDUCATION ALLOWANCE,HE CAN GET EXEMPTION U/S 10(RS 100 PER CHILD)SO EXEMPTION AMOUNT IS RS 2400,THIS EMPLOYEE IS ALSO CLAIMING 24000 AS TUITION FEE U/S 80C(AS DEDUCTION) WHETHER THIS IS TWO BENEFIT IS ALLOWABLE UNDER INCOME TAX ACT
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
18 August 2011 Children eduction allowance is exempted as 100 per child per month which can be claim & this available based on the allowance and proof of children education

But section 80C allows the tuition fees paid for children education on submission of fee receipts

First is exemption and second is deduction, both can be claimed by the Individual assessee not restriction in the act for claim both together
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details