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If tution fees of employee children is reimbursed by employer


Mohin laskar   12 January 2021

Mohin laskar

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if tution fees of employee children is reimbursed by employer then what is tax treatment in hand of employee and can claim deduction u/s 80c

ayusmita

ayusmita (Tax consultant)     12 January 2021

ayusmita
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How much amount is reimbursed
yes it is comes under 80c for two children

Mohin laskar

Mohin laskar   12 January 2021

Mohin laskar

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27000

Sourav

Sourav (Student)     12 January 2021

Sourav
Student 
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Tution fees is exempt @ 100 rupees per month for two children and 300 rupees per month for hostel activities
u/s 80C

Mohin laskar

Mohin laskar   12 January 2021

Mohin laskar

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1200 exemt is i m understand my question is 27000 what hi get from institute in these year is come to taxable income or exempt

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Sourav

Sourav (Student)     12 January 2021

Sourav
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1200 will be deducted from 27000 rupees

Kapadia Pravin

Kapadia Pravin   12 January 2021

Kapadia Pravin

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Tution fees is eligible under 80C. However reimbursement from employer company is part of taxable salary meaning Education Allowance .
Education allowance is deductible to the extent exempt.

Mohin laskar

Mohin laskar   12 January 2021

Mohin laskar

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Its means 27000 is income of these year

Kapadia Pravin

Kapadia Pravin   12 January 2021

Kapadia Pravin

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Net effect is nil as one place it is part of income and at another place it is part of deduction.

Mohin laskar

Mohin laskar   12 January 2021

Mohin laskar

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Its means taxable and other part of 80C 27000 is examt up to 150000

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