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Benifit

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(Querist)
05 January 2011 Could you please tell me will i get any benifit in Income tax if I pay educational fee for my wife? And also what about F.D. of my wife.
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
05 January 2011 NO BENIFIT WILL BE AVAILABLE FOR educational fee of wife.
FD INTEREST WILL BE TAXABLE IN THE HANDS OF YOUR WIFE.

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