80c exption

I am a senior citizen
shall I pay my granddaughters schoolfees and get exemption under section 80c
Replies (3)
Quick Summary
This discussion clarifies eligibility for Section 80C tax deductions. It explains that only parents, not grandparents, can claim deductions for expenses like school fees paid for their children. The post also lists various eligible investments under Section 80C, including PPF, EPF, LIC premiums, and home loan principal payments.

Not eligible. Only parents are eligible for the deduction.

80C allows deduction for investment made in PPF , EPF, LIC premium , Equity linked saving scheme, principal amount payment towards home loan, stamp duty and registration charges for purchase of property, Sukanya smriddhi yojana (SSY) , National saving certificate (NSC) , Senior citizen savings scheme (SCSS), ULIP, tax

Post office 5 year RD is eligible for 80 C deduction

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