My office provides Childrens educational allowance.
can I claim this money in my 80c savings?
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children's tuition fee and hostel fee
Replies (4)
If you are receiving children education allowance from your employer then you are eligible to claim a tax exemption under the Income Tax Act. However, the maximum amount exempted is Rs. 100 per month or Rs. 1200 per annum for maximum of up to 2 children. Along with this, you can also claim deductions for fees paid for your children under section 80C.
agree with Mr sanjiv
under which section is it eligible
section 10(14) of income tax
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