Exemption of twins child

This allowance is Rs.100 per child for maximum two children.

So Rs. 2400/-  will be allowed.

Hi,

Exemption u/s 10(14)(ii) read with Rule 2BB(ii) is Rs. 100 per month per child to the maximum of 2 children irrespective of actual expenses.

Originally posted by : VIRENDER SINGH GUSAIN
	Dear Sir/Madam, If an assessee has first children twins, then what will be the exempt income for Children Education allowance US 10(14). Please suggest. Is it Rs.100 x 1 x 12 = Rs.1200 or it will be Rs. 100 x 2 x12 = Rs.2400 Regards Virender Singh Gusain P.S. : Assessee has only these twins only.

you can claim 2400.00 .i.e. 100 x 2 x 12 = 2400.

Originally posted by : CA Pankaj K Agrawal
	Hi,   Children Education Allowance and Hostel Allowance allowed to the children of employee :       Children Education Allowance Hostel Allowance Monthly Exemption Upto Rs. 100 p.m. / child Max 2 child is exempt Upto Rs.300 p.m. /child Max 2 child is exempt Lump sum Exemption Rs. 1,200 per child is exempt Max Rs.2,400 exempt Rs.3,600 per child is exempt. Rs.7,200 is exempt.     Exemption u/s 10(14)(ii) read with Rule 2BB(ii) is Rs. 100 per month per child to the maximum of 2 children irrespective of actual expenses so Rs. 1200 (Rs. 50* 2 *12) will be exempted.

Hi Pankaj, can you please explain why only 1200 allowed.  (50 x 2 x 12 = 1200)

Only 2 children are allowed

Hi

I have 3 children. Elder girl 9 yrs and younger twins 4 yrs. All three are getting CEA. In the case of second delivery twins how much is  IT exemption, 2400 or 3600? 

Rs. 2400/- only. No further exemption for twins...