Deduction under 80 c

Tax planning 1216 views 2 replies

 what type of tuition fee consider for deduction u/s 80 c ?

Tuition fee paid to private coaching classes should be eligible for 80 c  

Replies (2)

According to Income Tax Act,1961:

Deduction U/s 80 C is allowable

as tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter,—
      (a) to any university, college, school or other educational institution situated within India;
      (b) for the purpose of full-time education of any of the persons specified in sub-section (4);
 
Hence tution fees paid to any private coaching classes are not eligible  for deduction u/s 80 C.

Section 80C talks about tuition fees being paid ;

to any university, college, school or other educational institution in India

for the purpose of full-time education.

Amount paid as tuition fees to private coaching centres are not covered by this section.


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