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Deduction Under Section 80C

tushar jain (Service) (107 Points)

16 August 2007

Is deduction under section 80C allowed to NRI's as well?

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Nitesh (Chartered Accountant) (340 Points)
Replied 16 August 2007

No it is allowed to residents only

Late CA Sampat Jain (Chartered Accountant) (4772 Points)
Replied 16 August 2007

Section 80C states as under "80C. 12(1) In computing the total income of an assessee, being an individual or a Hindu undivided family, there shall be deducted, in accordance with and subject to the provisions of this section, the whole of the amount paid or deposited in the previous year, being the aggregate of the sums referred to in sub-section (2), as does not exceed one lakh rupees......................................" As such there is no bar for NRI

Siddharth Nawal (Financial Analyst) (159 Points)
Replied 16 August 2007

nri are not out of it. all indi and huf are under 80c

(Guest)

what types of payaments included in Tution Fees, for getting deduction under section 80C

Nilesh Gupta (Coaching Class) (20 Points)
Replied 24 November 2008

what types of amount included in Tution Fees for section 80C

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