Reimbersement of tuition fees

Tax queries 958 views 10 replies

Tuituon fees are paid by Mr. ABC from his student bank account, but the amount of fees is transfered by his mother Mrs. Smita's bank account to ABC's account. 

Can Smita claim this amount for 80C deduction??

please help

Replies (10)

If the student has no source of Income, the deduction u/s 80 C can be availed by either of his parents.

yes, she can claim deduction of 80c for tuition fees paid.
Yes she can claim deduction
Yes Mrs Smita can claim deduction

Yes, i agree with all.

Tuition should have been paid by either of the parent out of his/her taxable Income only, flow of money out of student's bank account does not disentitle the payer to claim the deduction.

Regards,

yes , mother can claim deduction it is allowed on paid basis

YES. Deduction U/s.80C is allowed to Ms.Smita.

Dear all

                Good moring

Yes Deduction Claim U/s 80 to his Mother. 

Thanks & regards


 

Yes she can Claim deduction u/s 80C

U/s 80C..smitha can claim deduction for tution fees paid...

Deduction under Section 80C can be availed in case of either or both of the parents of the children...  Keeping this in mind, it should be decided which of the two parents or whether both should pay the tuition fees during the year and in what proportion, to avail the maximum benefit of this deduction in both the cases..!

 

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register