Can Individual take the exemption of Children Education Allowance for newly birth child/ child who completed his education/ child who is also a father.
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Children Education Allowance
Replies (5)
Dear Deepak sir,
CEA upto Rs. 100 per child per month upto two children is exempt irrespective of expenditure incurred since it is covered by clause (ii) of sub section (14) of Section 10. Hence even if none of children is studying or a child is a newly born baby, CEA will be allowed.
Regards,
Chintan
I should rate this as a good query.........
According to me........
The ACT says Children Education Allowance:
Amount exempt is Rs.100 per month per child subject to a maximum of two children.............
It does not specify that the child/children should be studying....
Yes, there is no specification regarding children's education status. The thing mentioned is Rs. 100.00 p.m. upto a limit of max. 2 children.
Let it be Anything, U can claim Rs.100 for a maximum of two Children. The only criteria is the assesee should have children...
Dear Prashant,
You can claim exemption even if u r unmarried.
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