If an assessee received Education Allowance for 7 months only @ of Rs 500/- can he claim the deduction for 12 months or it should be restricted to the months during which he received the allowances.
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Children education allowance u/s 10 (14)
Replies (2)
Assessee can claim deduction upto Rs. 100 per month per child (for max 2 children)
Mr.Sunil
and
CA Harshit Khatri
Unless the allowance is received for the period of 12 months the exemption cannot be claimed. Please the wordings of section 10(14)(ii).
Best Wishes
Sathikonda
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