I would like to ask the learned members that can one claim the fees paid to ICAI for CA course is deductable under Sec 80C under Tution Fees???
I would like to ask the learned members that can one claim the fees paid to ICAI for CA course is deductable under Sec 80C under Tution Fees???
The deduction is available for Full Time courses only. In my opinion no deduction is available for part time or distance learning courses.So in case of fees paid to ICAI for CA education is not allowed as deduction under sec.80C under Tution Fees..
I do agree that Fees paid to ICAI for CA course is not eligible for 80 C deduction.
As per sec. 80C only Tution fees is deductible.
Registration cgh. and examination fees chgd by ICAI is not deductible.
but any sum paid a tution fees to ICAI or any other insti is allowable because CA course is not a part time course
CA is not full time education institute
not eligible for 80C
Actually i am of the view that CA course is done like a full time training durning articleship so it should be considered as Full Time Course and should be allowed the deduction but other views are also seems correct that it is done by distant learning..... What learned members have to say about it?
Fee paid to ICAI shall not be allowed u/s 80C because its a registration fees and examination fees, but if we paid to other teachers for coaching classes, then it shall be eligible u/s 80 C.
Any fees paid to icai or tuion for ca course is not allowed under 80 c...from past 2 year i was claimed fees paid to icai or tution fees under 80 c in my income tax return but depatment was not given any deduction regarding tution fees and fees paid to icai....
Any fees paid to icai or tuion for ca course is not allowed under 80 c...from past 2 year i was claimed fees paid to icai or tution fees under 80 c in my income tax return but depatment was not given any deduction regarding tution fees and fees paid to icai....
ICAI is a Educational Institution & also CA is a full time Course, So in my openion we can claim deduction u/s 80C for tuition fee paid.
ICAI is a Educational Institution & also CA is a full time Course, So in my openion we can claim deduction u/s 80C for tuition fee paid.
There is no doubt that ICAI cover under Education Institution but as we are not paying any tuition fee to ICAI therefore claiming of deduction u/s 80C does not arise.
Your are not logged in . Please login to post replies
Click here to Login / Register
CA Suraj Garg & Associates
New Delhi
CA Final
View Details
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
CCI
Pro
India's largest network for
finance professionals