80C

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Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2010 IS THERE ANY LIMITATION REGARDING THE TUITION FEES U/S 80C FOR HUF?

Sohil Ganeriwala

Sohil Ganeriwala (Expert)
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28 February 2010 A HUF cannot claim deduction of tuition fees u/s 80C. It is avialable only to individuals.

Jitender

Jitender (Expert)
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28 February 2010 no, there is no limit for tuition fees.

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Jitender

Jitender (Expert)
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28 February 2010 HUF can claim deduction for tuition fees.

Deepak Goel

Deepak Goel (Expert)
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28 February 2010 u/s 80C any Ind or HUF can claim. A max. limit of deduction u/s 80C is Rs.100000/-

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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01 March 2010 Shri Jitender and Shri Deepak Goel are right.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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01 March 2010 Amount wise Rs.100000/- and maximum 2 children tution fees can be claimed

CMA Arif Farooqui

CMA Arif Farooqui (Expert)
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02 March 2010 A max. limit of deduction for tution fee u/s 80C is Rs.100000 (max.2 children tution fees) and HUF can claim it

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Sohil Ganeriwala

Sohil Ganeriwala (Expert)
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02 March 2010 as per Sec 80C clause no. (xvii) and subsec(4)Tuition fee is allowed only for 2 children of an individual. An HUF is elegible to claim only clause no. (i), (v),(x) and (xi)of Sec 80C. For further clarifications pls read padhukas (G. Sekar)for C.A final pg. no. 11.2.

Thank You.

Sohil Ganeriwala

Sohil Ganeriwala (Expert)
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02 March 2010 and for further clarification, if tuition fee was allowed to the members of HUF than it should have been allowed to the spouse of the individual also. Pls read the above mentioned clauses and the book for proper clarification of the subject.

Querist : Anonymous

Querist : Anonymous (Querist)

05 March 2010 thank u sir....