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Education & Hostel Allowance

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(Querist)
10 March 2008 If employee has two child one is staying with parents and other one is getting higher education and living in hostel,what maximum exemption he can get u/s 10
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CA Saurabh Maheshwari

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CA Saurabh Maheshwari (Expert)
11 March 2008 FOR ONE CHILD STAYING WITH PARENTS MAX ALLOWANCE CAN BE 100/-P.M AND FOR CHILDREN STAYING IN HOSTEL MAX CAN BE 300/-P.M.
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jegannath G

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jegannath G (Expert)
11 March 2008 Rs 100 p.m can be claimed
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