16 April 2020
I want to know whether fees paid for MBA or PGDM to Indian institutes can qualify for tax exemption for children( for eg Narsee Monjee/ Welingkar/Symbiosis etc).
If I have applied for these courses, can I claim exemptions?
16 April 2020
Clause xvii of section 80C xvii) as tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter, (a) to any university, college, school or other educational institution situated within India; (b) for the purpose of full-time education of any of the persons specified in sub-section (4);
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