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Educational Expenses U/s. 80C

S.Jeyendran (Student of CA Final Course) (207 Points)

29 January 2008

Dear Friends,

Does educational expenses which qualifies deduction u/s. 80C (Rs.12000/- per child upto a maximum of two children) cover expenses incurred in connection with:

Purchase of Dress Materials (Uniform)
Purchase of Text Books & Note Books
Purchase of Shoes
Cost of conveyance

Or will be limited only to admission fee or the term fee (Tuition Fee)?

Please Clarify.

Regards

S.Jeyendran

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16 Replies

(Guest)

Hi, u/s 80C only tution fees is eligible for deduction. Other expenses can not claim as deduction. Sathyanarayana.B

CA. Amit Daga (Finance Controller CA. CS. CFA. CIFRS. M.COM. ) (9017 Points)
Replied 29 January 2008

hello sir 80C Covers tution fees admission fees only

K R Ramesh (Service) (201 Points)
Replied 29 January 2008

Hi In Circular No.8/2007 dt. 5-12-2007, it is clarified that ; Tuition fees, whether at the time of admission or thereafter, paid to any university, college, school or other educational institution situated in India, for the purpose of full-time education of any two children of the employee. Full-time education includes any educational course offered by any university, college, school or other educational institution to a student who is enrolled full-time for the said course. It is also clarified that full-time education includes play-school activities, pre-nursery and nursery classes. It is clarified that the amount allowable as tuition fees shall include any payment of fee to any university, college, school or other educational institution in India except the amount representing payment in the nature of development fees or donation or capitation fees or payment of similar nature Doesn't it mean any all payment except the payment in nature of development fees or donation or capitation fees, should be allowable as deduction under tuition fees in Sec 80 C. I think it has to looked again what is the right interpretation.

Manjunath (Senior Accounts Manager) (44 Points)
Replied 29 January 2008

it is excluding donation/development fees towards any 2 children of the assessee - That means only tution fees should be consider not anything else.

parthasarathy (Practising, C.A) (188 Points)
Replied 29 January 2008

Hi, the deduction for education expenses U/s 80C clearly states "Tuition fees paid", hence it only pertains to fees paid for education, not even hostel or development fees paid. cost of books and shoes, etc do not come under the purview of tuition fees, hence not deductible U/s 80 C.

S.Jeyendran (Student of CA Final Course) (207 Points)
Replied 30 January 2008

Dear All, Thanks for your valuable feed back.] Regards S.Jeyendran

CA. Amit Daga (Finance Controller CA. CS. CFA. CIFRS. M.COM. ) (9017 Points)
Replied 30 January 2008

its ok yar

Manjunath (Senior Accounts Manager) (44 Points)
Replied 07 February 2008

its ok, your thinking is very good. Keep it up.

O.D.SHARMA (DGM-F & A) (1734 Points)
Replied 07 February 2008

Only tution fee of 2 children is covered in section 80c,Nothing else.

(Guest)

Is payment of Tution Fees for the period April08-June08, eligible for deduction u/s 80C in A.Y. 2008-09

M.Sriram Shenoy (CA Final) (814 Points)
Replied 21 February 2008

80C covers only tuition fees paid to any university, college, school or other educational institution situated in India, for the purpose of full-time education of any two children of the employee.

CA. Gurdeep Singh Chawla (C A) (7080 Points)
Replied 21 February 2008

Only tution fees is eligible for Section 80C. Now there is no cieling of Rs. 12,000/-. You can claim Upto Rs. 1.00 lacs provided you have no other eligible investments in Section 80C.