12 February 2015
I have paid full school fees of my child at the start of the session 2014-15. Since we have to pay the fees before the start of session, I have paid the 2014-15 fees on 21-Jan-2014.
The receipt from school has the year mentioned as "Fees for 2014-15", but our accountant is not willing to accept the receipt for tax exemption citing that the receipt is not generated in the current FY.
Is my receipt invalid for tax exemption for 2014-15?
CAclubindia
