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Regarding managment fees

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(Querist)
12 August 2012 I AM DOING MANAGMENT COURSE MFM FROM MUMBAI, AICTE APPROVED, AND PAID FEES OF RS. 40000 FOR THE SAME COURSE,

MY QUESTION IS SHALL I GET DEDUCTION OF RS. 40000 IN THE ACT OF INCOME TAX U/S SECTION 80-C AS TUTION FEES OR WHAT ?

I HAVE NOT TAKEN ANY EDUC. LOAN ITS FROM MY SAVING - PLS URGENT
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Pankaj Gupta

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Pankaj Gupta (Expert)
12 August 2012 you can claim the tution fees paid as deduction u/s 80c provided u are in full time studies and not registered for distance learning course.

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