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Tuition fee paid to foreign university / college

Aditya (Owner) (52 Points)

02 September 2019

How much maximum deduction is available to an individual on amount spent as tuition fee for education of his child paid to foreign college.

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Chinmoy Dey (67 Points)
Replied 02 September 2019

As per Section 80E of Income Tax Act 1961, no deduction with respect to tuition fee paid to foreign university is available.

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Kapadia Pravin (17264 Points)
Replied 03 September 2019

No deduction available under Income Tax

80C talks about payment of tution fees but that is within India

80E is not applicable in your case bcoz under 80E you get deduction on interest on education loan taken for higher education within India

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Priya Kashyap (Student) (7053 Points)
Replied 03 September 2019

Nil
@ Kapadia
80C within India + school/University/college (full time education).
80E applies outside India too.

Kapadia Pravin (17264 Points)
Replied 03 September 2019

80E(3)
c] "higher education" means any course of study pursued after passing the Senior Secondary Examination or its equivalent from any school, board or university recognised by the Central Government or State Government or local authority or by any other authority authorised by the Central Government or State Government or local authority to do so;

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Priya Kashyap (Student) (7053 Points)
Replied 03 September 2019

The loan should be taken to pursue higher studies. It does not matter whether such education loan is taken for higher studies in India or outside India.

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RayneRichmond (dbg) (22 Points)
Replied 22 May 2022

There is such a thing as a tax deduction for tuition. You can get a deduction for your own education or if you pay for the education of family members, namely children, brothers, and sisters under the age of 24. Suppose you are refunding tuition for relatives, such as children. In that case, there is an important condition: they must be full-time students, not part-time students. If you paid for your own tuition, its form is not important. In asa miami college, there were such cases when the amount was reimbursed in full, and scholarship money was given. But if you study not on a budget, you can count on your own resources.