80c deduction'''''' urgent query''''

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2017 Dear Experts
I had paid school fees for my child Rs. 26000 on 26/2/2016. This fees was for the session of 2016-17, pls clarify can i claim this 26000 school fees under 80C in AY 2016-17 or not?

Thanks In Advance....

Gokul Sharma

Gokul Sharma (Expert)
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11 January 2017 The maximum deduction permitted under Section 80C is Rs 1.5 lakh per financial year, with deductions eligible only for two children per assessee.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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11 January 2017 Eligibility is for financial year 2015-16.

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Querist : Anonymous

Querist : Anonymous (Querist)

11 January 2017 Sir,
Actually this was paid for academic year 2016-17. Pls clarify will this fees paid in advance be eligible to claim deduction in 80C