DEDUCTION U/S 80 C OF I T ACT 1961

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 March 2010 1. AMOUNT DEPOSITED IN RECURRING DEPOSIT IN POST OFFICE ?

2. ESUCATIONAL EXPENSES FOR HIS SON, BUT IT NOT MENTIONED CLEARLY AS TUTION FEES OR ADMISSION FEES ?

3. ADMISSION FEES FOR HIS SON FOR DEGREE COLLEGE ?

THE ABOVE 3 POINTS ARE ELEGIBLE FOR DEDUCTION U/S 80 C OF THE I T ACT 1961, FOR THE EMPLOYEE ?

PLEASE GIVE ME SUGESSION

CA Ashok Kumar Sahu

CA Ashok Kumar Sahu (Expert)
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20 March 2010 1. AMOUNT DEPOSITED IN RECURRING DEPOSIT IN POST OFFICE ALLOWED U/S 80C,

2. ESUCATIONAL EXPENSES FOR HIS SON, BUT IT NOT MENTIONED CLEARLY AS TUTION FEES OR ADMISSION FEE CLAIM U/S 80C BECAUSE OF NOT CLARITY.

3. IN ACT SPECIALLY MENTION TUITION FEE SO CLEAR ADMISSION FEE NOT ALLOWED U/S 80C,

CA PRIKSHIT GUPTA

CA PRIKSHIT GUPTA (Expert)
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20 March 2010 1. RD is allowable u/s 80C
2. If their is not clearly define that the fees is tution fees or admission fees, it can not be claimed as deduction u/s 80C
3. Admission fees not allowed as deduction u/s 80C

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