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Tuition fees paid in for education outside country -Showing in 26AS - ITR 1 - Any reporting required


Uttam Saha (TAX PROFESSIONAL)     15 December 2020

Uttam Saha
TAX PROFESSIONAL 
 2 likes  97 points

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An individual having salary income and required to file ITR 1 in normal course having sent USD 4000 = 2,79,818/- on behalf of child's tuition fees outside the country.

The amount is being reflected in 26 AS for the FY 2019 - 20.

Is there any additional reporting required in ITR for the above transaction or is merely filing ITR 1 sufficient if the individual has paid the same from his salary income. 

queryinsta054@gmail.com

queryinsta054@gmail.com   16 December 2020

queryinsta054@gmail.com

 18 likes  234 points

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Filing ITR 1 should be sufficient. Since the individual is anyways required to file ITR 1 in the normal course, the 7th proviso to sec 139 is not applicable in this case
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