80c deduction'''''' urgent query''''
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 January 2017
Dear Experts
I had paid school fees for my child Rs. 26000 on 26/2/2016. This fees was for the session of 2016-17, pls clarify can i claim this 26000 school fees under 80C in AY 2016-17 or not?
Thanks In Advance....
I had paid school fees for my child Rs. 26000 on 26/2/2016. This fees was for the session of 2016-17, pls clarify can i claim this 26000 school fees under 80C in AY 2016-17 or not?
Thanks In Advance....
11 January 2017
The maximum deduction permitted under Section 80C is Rs 1.5 lakh per financial year, with deductions eligible only for two children per assessee.
11 January 2017
Eligibility is for financial year 2015-16.
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 January 2017
Sir,
Actually this was paid for academic year 2016-17. Pls clarify will this fees paid in advance be eligible to claim deduction in 80C
Actually this was paid for academic year 2016-17. Pls clarify will this fees paid in advance be eligible to claim deduction in 80C
11 January 2017
80C deduction is available in the year which it is paid. So you are eligible to claim 2015-16
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