Tuition fees under 80c
This query is : Resolved
26 July 2018
Respected Professionals
Scenario:
A salaried individual has three children. Tuition fees paid in respect of two children has been reimbursed by the employer.
Query:
1. Should we have to include the reimbursed amount in total income form salary and claim deduction or we can just claim deducton for tuition fee paid in respect of third child under section 80C without including the reimbursed amount in total income.
Thanking You
Scenario:
A salaried individual has three children. Tuition fees paid in respect of two children has been reimbursed by the employer.
Query:
1. Should we have to include the reimbursed amount in total income form salary and claim deduction or we can just claim deducton for tuition fee paid in respect of third child under section 80C without including the reimbursed amount in total income.
Thanking You
26 July 2018
To add in salary and claim deduction for 2 seems to be correct, but decision
is yours.
is yours.
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
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Regarding TDS Applicability For Director Remuneration
- LC charges in relation to Asset purchased should be Capitalised ?
- Transporter Declaration form
- Value of property in capital gain
- Multiple trade mark
- Copyright software
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- RULE 86B APPLICABILITY IN QRMP TAX PAYER
- Regarding appeal to GSTAT
- GST Treatment of Insurance Commission for Existing GST Holder
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
