URGENT :Maximum limit for tuition fees under section 80C?
This query is : Resolved
03 March 2009
Sir,
what is the maximum limit of tuition fees allowed under section 80C ?
Urgent.
Subhash
what is the maximum limit of tuition fees allowed under section 80C ?
Urgent.
Subhash
03 March 2009
There is no separate sub limit for tuition fee. In other words allowable maximum can be Rs.1 lakh if you don't have any other investments, like p.f, l.i.c . n.sc, p.p.f etc,covered under 80C.
03 March 2009
maximum 100000 section 80C reads as :
any sum paid as tution fees (not including development fees/donations/and similar nature) whether at the time of admission or otherwise to any university/college/education institution in India for full time education.
deduction amount is :
gross qualifying amount or 100000 which ever is LESS.
gross qualifying amount includes lic premium, ppf, nsc VIII n others......so if its only tution fees than maximum 100000 can be claimed U/S 80C.
any sum paid as tution fees (not including development fees/donations/and similar nature) whether at the time of admission or otherwise to any university/college/education institution in India for full time education.
deduction amount is :
gross qualifying amount or 100000 which ever is LESS.
gross qualifying amount includes lic premium, ppf, nsc VIII n others......so if its only tution fees than maximum 100000 can be claimed U/S 80C.
03 March 2009
there is no seperate limit for tution fees. it is covered u/s 80c the limit of which is 100000
03 March 2009
no separate sub limit
03 March 2009
You can claim it upto Rs. 100,000/- if no other investment is there.
17 February 2011
But limited only up to 2 children.
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