80-C

Tax planning 704 views 4 replies

Hello All.

An assessee has 4 Children. Can he and his wife claim Deduction in respect of tuition fee paid for all children. two each

Replies (4)
Husband and wife both have a separate limit of two children each, so they can claim deduction for 2 children each.

Can we purchase a second hard car for a partnership concern in a firms name, and can we claim depreciation if purchased this month of july 2010 what is the depreciation for the year

full dep @ 15% since asset is to b used for more than 182 days in FY 2010-11

Second hand is not a problem.

YES ASSESSE CAN DO THAT


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