Tuition fees

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
14 August 2013 Sir

I am running a proprioter ship firm and paying Rs 8050/-p.m as tuition fee of my grandsons from my current a/c , now please tell me can i take benefit of this amount , can i show it in expenses of books.


Thanks & Rgds

Mukesh Kumar

14 August 2013 It is a personal expense and NOT allowed as deduction.

It is eligible for deduction u/s 80C.

14 August 2013 These are personal expenditure so can not be shown in books. Deduction u/s 80C is available only for tution fees paid for children. So you can not avail the deduction u/s 80C since since its paid for grandsons.

14 August 2013 You will not get benefit of 80 C for payment of tuition fees of grandsons. It is allowed only for children


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query