TDS
This query is : Resolved
31 December 2009
Dear sir,
Please help me in this regard:
One of my employee (comes under TDS)is pursing his M.Tech and paid fees an amount of Rs.22,000/- is that amount exempt from tax?if so it is inclusive of 1,00,000(80ccc) or apart from 1,00,000 kindly help me
thankyou sir
sincerely
Prabhakar
Please help me in this regard:
One of my employee (comes under TDS)is pursing his M.Tech and paid fees an amount of Rs.22,000/- is that amount exempt from tax?if so it is inclusive of 1,00,000(80ccc) or apart from 1,00,000 kindly help me
thankyou sir
sincerely
Prabhakar
31 December 2009
Dear
if you have taken loan for higher education then it's interest repayment is covered u/s 80E & does not count for sec 80CCE.(i-e it will apart from Rs.l lac ceiling)
In any other case it will be count u/s 80C & hence added while calculating total deduction u/s 80CCE
if you have taken loan for higher education then it's interest repayment is covered u/s 80E & does not count for sec 80CCE.(i-e it will apart from Rs.l lac ceiling)
In any other case it will be count u/s 80C & hence added while calculating total deduction u/s 80CCE
31 December 2009
The interest on Higher education covered under 80E so it is not covered under 80C
Other than interest you can cover 80C
Other than interest you can cover 80C
01 January 2010
agree
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- Capital gain from sale of house property
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
