E S S PRABHAKAR (accounts) (71 Points)
31 December 2009Dear sir,
Please help me in this regard:
One of my employee (comes under TDS)is pursing his M.Tech and paid fees an amount of Rs.22,000/- is that amount exempt from tax?if so it is inclusive of 1,00,000(80ccc) or apart from 1,00,000 kindly help me
thankyou sir
sincerely
Prabhakar
CA Pramod Jain
(manager finance)
(1577 Points)
Replied 31 December 2009
any amount paid paid as tution fees to any educational situated within india for the purpose of full time education can be claimed u/s 80c and it is inclusive for 100000 limit of 80ccc or 80c in total.
CA. Vipin Gupta
(Accounts Officer)
(146 Points)
Replied 31 December 2009
I am also agree with Mr. Pramod and AAmir
Kiran Joshi
(Artilcled Assistant)
(34 Points)
Replied 31 December 2009
Yes, you can claim deduction u/s 80C of Rs 22,000 /- if it is tution fees.
C.Balaji
(Learner)
(1867 Points)
Replied 01 January 2010
yes ded u/s 80c can be claimed....
tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter,
(a) to any university, college, school or other educational institution situated within India;
(b) for the purpose of full-time education of any of the persons specified in sub-section (4);
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