help me out

Tax planning 946 views 20 replies

 

can anyone tell me whether ca is to be considerd a full time course or not for the purpose of claming deduction u/s 80c..........?

 

 

 

pls rly only if u r 100 % sure.......dont rly like i think, may be,hope so.......just be confirmed..

 
Replies (20)

No, As per Sec. 80C tuition Fee must be paid for Full time Post graduate course, since CA course is a distance learning course & not affiliated with UGC so Fee paid for CA course not allowed.

regards,

ratan

Here is the detailed discussion on the same

/forum/ca-course-fees-eligible-for-80c-74983.asp

thanks aditya bt i hv already checked tht link bt on tht discussion some says it can be bt some says it cannt..so i was lil confused...

Dear Neha, m agree with Ratan Deep. nd absolutely sure,Deducton regarding CA fees is not allowed under sec. 80c

nd 1 more thing, it is not consider as full time education.

yup..thanks richa

u should notice that if u paid fees, then it is for ur registration nd u hav got study materials from the institute...........................so here is no any tuition fee, thatsy it will not be allowed as deduction. ok 

bt richa there is RS 4000 as tution fees..check out the prospectus n refer the fees distribution.....

i know Neha, bt is it a full time education? No,ok.....................

Neha, do u attend any classes in that 4000 rs.??????????? no na, so why r u confused??????????????

 

nd 1 more thing i hv discussed it with my principal too,so dont b confused....ok

ya its nt a full time education.....n ya 1 more point i attend revisionary classes...so thn can it be count???

Hello Neha,

Its not a fulltime course and so not eligible to claim deduction. revisionary classses are also not counted to prove it a full time course. Its a distant learning course and so not available.

But practically if u want you can do that. No one going to check it. I did it already. As there is no where written of the professional course is eligble or not. You have to do intership for 3 years and once you do CA itsnot possible to do other full time course when your articleship begins. I did it already...

So its on you to claim or not..

As per the act its not allowed but not written directly anywhere.

If anyone has it please forward it to me tooo.. It will be so kind of you..

sorry Neha bt i am unaware of rivisionary classess...............................................bt m absolutely sure that CA Fees cannot allowed as deduction u/s 80C

Agree with Shivang Sir, its upon u to claim or not as there is no any  direct clearification regarding course, bt according to act it cannot be allowed.


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