Tuition fees exemption under sec 80c
This query is : Resolved
AnandKumar
(Querist)
26 March 2012
Can I get Exemption Under sec 80C for my children School Fees mentioning as
"Term Fees".
"Term Fees".
CMA Ramesh Krishnan
(Expert)
26 March 2012
My view, it can be claimed. because section referring as follows
as tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter,—
(a) to any university, college, school or other educational institution situated within India;
(b) for the purpose of full-time education of any of the persons specified in sub-section (4)
So term fees is nature of tuition fees only. not nature of any donation or development nature. so can be claimed
as tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter,—
(a) to any university, college, school or other educational institution situated within India;
(b) for the purpose of full-time education of any of the persons specified in sub-section (4)
So term fees is nature of tuition fees only. not nature of any donation or development nature. so can be claimed
Yogesh Agarwal
(Expert)
26 March 2012
Do agreee...
AnandKumar
(Querist)
31 March 2012
Thank you Mr. Ramesh & Mr. Yogesh
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