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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- Free lancer income
- REGARDING GST LIABILITY/....
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- GST ON DAMAGED GOODS
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
