If i am getting Rs.200 per month as child education allowance with salary. & actually i pay Rs 2500/- P.M. as a tution fees. On which amount i got exemption on Rs 200 or Rs 2500/-
18 June 2010
AS PER RULE 2BB RS.100/- PER CHILD(MAX 2) WILL BE EXEMPTED AND U/S 80C ANY SUM PAID AS TUTION FEE (MAX - 2 CHILDREN)WILL ALLOWED AS DEDUCTION .