Deduction u/s 80c

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Sanjay (Querist)
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26 December 2013 Respected Members,

We know that there is a deduction available u/s 80C in regard tuition fees of children for full time study in India, maximum upto for 2 children. Are the tuition fees like in school level, graduate level and post graduate level eligible? i.e. payment to school , college, university eligible for deduction?

Please Suggest

Gaurav Surendra Rakhecha

Gaurav Surendra Rakhecha (Expert)
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26 December 2013 Yes, payment of tution fees to any school, college or educational institute situated in India for full time education of maximum 2 children is available as deduction subject to ceiling limit of 1lakh.

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@VaibhavJ

@VaibhavJ (Expert)
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27 December 2013 Hi

Agree with expert.

You may also refer https://www.caclubindia.com/articles/faq-deduction-for-interest-on-education-loan-16917.asp

Thanks//VaibhavJ

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