Whether an individual may deduct tuition fee, admission fee, exams.fee, etc. from his/her gross total income u/s 80c.please write something about that. thanks
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Quick Summary
This discussion clarifies that only tuition fees paid for full-time education of up to two children in India are deductible under Section 80C of the Income Tax Act. Other fees, such as admission fees, exam fees, development fees, or donations, do not qualify for this deduction, regardless of their nature. The key requirement is that the payment must strictly be in the form of tuition fees.
Except TUITION FEES - None of other payments will qualify for deduction under Section 80C of the Income-Tax Act, 1961.
The deduction available under this Section is for sums paid as tuition fees , whether at the time of admission or thereafter to any university, college, school or other educational institutions within India for the purpose of full-time education of any two children of an individual.
The principle requirement for qualifying for deduction under this provision would be that the fee paid should be in the nature of tuition fee.
All of other items are essentially not in the nature of tuition fee, and so cannot qualify for deduction.
You may note that the development fee or donation or payments of a similar nature even if they are in the nature of tuition fees will not qualify for the deduction under this 80C Section.