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children education expenses

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14 May 2011 Sir,
Pls advice me
children education exp claim a deduction on income tax act.1961. my children education expenses amt is Rs.72000

regards
Praveen

14 May 2011 Tuition fee paid for the children's education can be claimed as a deduction under section 80C of the Income tax Act,1961 subject to an overall limit of Rs.1,00,000/- along with the other investments/payments specified in the referred section.

14 May 2011 sir,

it is not a tuition fees it is children education exp.

regards
praveen


15 May 2011 IT IS ONLY TUITION FEES AS CERTIFIED BY THE EDUCATIONAL INSTITUTION THAT IS ALLOWABLE AS DEDUCTION UNDER SECTION 80C




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