Respected Members of CA club
I request you give the suggestion on these below
Salaried Assesee who claim Children Education and hostel Allowance can get the deduction under tuition fees.Pls Suggest me.
Thanking you
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Tuition fees u/s 80c
Replies (4)
I think , no
"Salaried Assessee who claim Children Education and hostel Allowance can get the deduction under tuition fees"
I think, it is your part of income and chargeable to tax
under section 80C : any sum paid as tuition fees for full time education of any two children is eligible for deduction
if you have paid tuition fees ......you can claim deduction
If these are a part of main fees till 1.5L, hostel fees is not allowed
I think, you have an option regarding allowances
children education allowances is exempt under section 10 : Rs 100/- per month per child (maximum 2 children)
children Hostel allowances is exempt under section 10 : Rs 300/- per month per child (maximum 2 children)
Hostel fees is not allowed under section 80C
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