Deduction u/s 80C

Tax planning 2923 views 20 replies

YES IT IS ELIGIBLE           

Replies (20)

YES IT IS ELIGIBLE           

@ ayushraj...

thnx sir.... u really provided some very useful information....!!!

Originally posted by : RAVI KUMAR DINESH PRASAD
if any person has taken loan for the study purpose, like colleage fees,ca course fees, MBA course Fees etc (treated as tuition fees ). Then loan taken for study purpose is mandatory to acive the Degree issued by approved institute etc, then in such case loan taken for study purpose is allowed Deduction U/S 80C UPTO THE FEES AMOUNT PAID TO THE RECOGNISED INSTITUTE.  AND also INTEREST ON LOAN TAKEN FOR STUDY PURPOSE is Allowed Deduction  U/S 80E UPTO 8 YEARS

80C benefit is available for "children" while the interest is to be claimed under 80E, how one can club both the provisions under same study?

ayush raj your work is tooo goood.and helpful for us thanks man...

Originally posted by : TusharSSampatM.Com CA,CS-FINAL

Provide the details of tution fees lik whom it is paid ,for wat purpose it is paid etc all tution fees are not eligilble , but only those  whic are allowed as per sec 80C will be eligible.

agreed

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