A person has paid tution fees of Rs 200,000 in a FY 2011-12 as a college fees. He wants to claim the deduction under section 80C of Rs 100,000 each in his income tax return and a similar deduction he wants to claim in his wife's return.
Can he do so??
Yes, he can claim the the deduction of Rs.100000/- in his return and similarly, his wife can claim the same, provide the fee paid should relate to them self only as deduction is not available for spouse.
| Originally posted by : KARANDEEP,B.Com(Hon),CA Final | ||
 |
Yes, he can claim the the deduction of 100000/- in his return and similarly, his wife can claim the same, provide the fee paid should relate to them self only as deduction is not available for spouse. |
 |
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
