Employees Tuition Fees u/s 80c

This query is : Resolved

Report Abuse Follow Query Ask a Query

philip

philip (Querist)
Follow

12 February 2008 Is employees tuition fees (for self education) eligible under investments u/s 80c

jegannath G

jegannath G (Expert)
Follow

12 February 2008 Employees tution fee is not eligible for Deduction u/s 80c, beacuse under this section, tution fees paid for the full time education is exempted from tax. Supose if you in full time employment, you cannot render , full education.

Hence employees tution fees for self education is not eligible for investment under section 80c

Kaustuv

Kaustuv (Expert)
Follow

12 February 2008 Also apart from that, this deduction for payment of tution fees for full time education stems from Sec. 80C(2)(xvii). Now, as per Sec. 80C(4), it reads as: -" for the purposes of clause (xvii), in the case of an individual, any two children of such individual." So, this entire clause is applicable only to an individual for tution fees paid for his/her two children only.

Upgrade to CAclubindia Pro. Subscribe Now!