Chartered Accountant
2731 Points
Posted on 01 March 2010
See two exemptions are there:
One, u/s 80E. Thats for any amt. of interest on loan paid during the yr. which was taken for the higher studies of the individual, family or his relative.
Second, u/s 80C. Thats for the amt. of tution fee paid of the children of the individual for any education.
Now since, in ur case, the amount is paid of tution fees and not of interest on loan taken on tution fees, it crosses the limits of Sec.80E. and secondly u paid it for wife's studies, and not for children, it crosses limits of Sec.80C too.
So no exemption is available.!!!!!!!!!!!!!!!!!!!!!!!!!!!