TUITION FEES PAID FOR CHILDREN U/S 80C

Not allowed

Gud question but you cant sorry.................

As per Income Tax Act 1961.... Rs. 100 is exempt per month per child provided such amount is spent in full time education of the child through college or school.  Since CA course is a correspondence course, CA course fee is not exempt!!

Regards

Shreyas

originally posted by shreyash

"

As per Income Tax Act 1961.... Rs. 100 is exempt per month per child provided such amount is spent in full time education of the child through college or school.  Since CA course is a correspondence course, CA course fee is not exempt!!"

Regards

Shreyas

sir you are discussing education allowance under section 10 while question is for section 80 C and there is no limit for tuition fee deduction u/s 80 C from A.Y. 08-09 but course should be regular not CA

aap aisa mat karo sir aisa karne ke liye to ICAI hi kafi hai

yes, mr.shreyah and mr.Anurag Garg are correct

Agar hotha tho accha hota but its not...

this is not allowed u/s 80C

 not allowed

not allowed .........

allowed nai hai ji.......

not allowed..........

the payment of tuition fee up to Rs 1 lakh can be claimed as deduction u/s 80C of the I T Act. But the payment of tuition fee for full time course must be for any two children of individual.

It follows therefore one can not claim deduction for payment of tuition fee either for himself/herself of for their spouse

Not allowed

Not Allowed