Tution Fees deduction
This query is : Resolved
12 February 2010
1) How much Tution fees are deductable for tax saving & for how many children, i understand it is for 2.
2) Now if i already had one kid and by second delivery if my wife gave birth to twins than can i get tution fees deduction for both kids (1+2) or only for 2.
2) Now if i already had one kid and by second delivery if my wife gave birth to twins than can i get tution fees deduction for both kids (1+2) or only for 2.
13 February 2010
Dear Kadecha,
The act says that any sum paid as tution fees to any educational institution in india for full time education of any two children of an individual either at the time of admission or otherwise is liable for deduction under section 80C. But the payment should not be for development fees, donation or of similsr nature.
The act says that any sum paid as tution fees to any educational institution in india for full time education of any two children of an individual either at the time of admission or otherwise is liable for deduction under section 80C. But the payment should not be for development fees, donation or of similsr nature.
13 February 2010
Sec.80 C allows tution fees of maximum 2 children
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
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
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
