Deduction U/S 80C

This discussion clarifies the rules around Section 80C deductions. It explains that advance tuition fees paid in one financial year cannot be claimed as a deduction in a subsequent year; deductions are only claimable in the year the fee is received. Additionally, it addresses insurance plans, stating that while grandparents can claim 80C benefits for their own children's insurance, they cannot do so for their grandchildren's policies.