02 October 2017
Dear Experts, I'm paying 6500 PM school fees of 1 child. Pls let me know Can I claim the deduction of full 6500 PM i.e 78000 school fees as tuition u/s 80C
Whether school receipt is mandatorily to claim the deduction,
02 October 2017
Rs. 78,000 can be claimed in full if you have no other investments covered in section 80C. Receipt is not required for filing, but to be with you if called upon on proper notice by IT department.
02 October 2017
Yes... I agreed with Mr B. Chackrapani Warrior Sir.
You ll claim the exact Tuition Fee amount. In case the receipt have some other charges it's not claim. The receipt ll be notified ass "Tuition Fee - Rs. XXXX"