I am a senior citizen
shall I pay my granddaughters schoolfees and get exemption under section 80c
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80c exption
Replies (3)
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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