U/s 80c

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nambi konar

nambi konar (Querist)
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09 March 2013 i am working in a firm and also studying a m.com so can i claim tution fees as deduction u/s 80 c

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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09 March 2013 Assessee can not claim tax benefit for expenditure incurred for self. In other words if assessee has paid tuition fees for his own studies, he will not be eligible for deduction u/s 80C.

nambi konar

nambi konar (Querist)
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09 March 2013 if college fees is paid by my parent the i can claim

CA. R. B. SAH

CA. R. B. SAH (Expert)
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09 March 2013 No, you can not claim deduction u/s 80c even if tuition fees is paid by your parents. In this case your parents can claim deduction.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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09 March 2013 Deduction for Tution Fees u/s 80C can not be claimed for self. It can be claimed for tution fees paid for child. Therefore only your parent can claim the amount as deduction.

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