Sec 80c - tuition fees
This query is : Resolved
19 January 2015
Term fees, exam fees, book fees are claimed under Tuition fees . Is it correct..
19 January 2015
yes , these are allowable.
19 January 2015
Only tution fees / School fees is eligible for deduction u/s 80C. Term fees, exam fees and book fees are not eligible for deduction u/s 80C.
Also see article from below link for more details:
http://taxguru.in/income-tax/deduction-us-80c-for-tuitionschool-fees-paid-for-education-of-children.html
Also see article from below link for more details:
http://taxguru.in/income-tax/deduction-us-80c-for-tuitionschool-fees-paid-for-education-of-children.html
19 January 2015
Tuition fee includes all fees except the amount representing payment in the nature of development fees or donation or capitation fees or payment of similar nature. So the nature should be looked into.
20 January 2015
Section 80C discourages, for purposes of deduction ,the payment of any development fees or donation or payment of similar nature. In view of that, all the expenses mentioned in the query is rightly allowable u/s 80C.
Message likes :
1 times
21 January 2015
I am also of the opinion that only tution fees is allowed as deduction u/s 80C. The word ueed is tution fees and not education fees. If we go by the definition and include everything in tution fees, except development fees and donation or payment of similar nature then there are so many fees like lab fees, computer fees, book fee (which is cost of book) etc. But the section uses the word tution fees. And therefore in my view only tution fees is eligible for deduction u/s 80C.
21 January 2015
I also agree with Mr Sanjay.
I have the college fee receipt and it has columns like Tuition fee , Stationery Fee , Lab fee , exam fee and development fee. If you see the 80c provision for this , then only tuition fee is eligible.
One more thing is that in any of the college receipt U will find the tuition fee as minimum amount among other items as mentioned above.
So only tuition fee amount should reflect under 80c in any return.
regards
I have the college fee receipt and it has columns like Tuition fee , Stationery Fee , Lab fee , exam fee and development fee. If you see the 80c provision for this , then only tuition fee is eligible.
One more thing is that in any of the college receipt U will find the tuition fee as minimum amount among other items as mentioned above.
So only tuition fee amount should reflect under 80c in any return.
regards
Message likes :
1 times
22 January 2015
S. 80C(2)(xvii)states that sum paid by the assessee as Tuition Fees is deductible.
.
Tuition fees has not been defined in the Act.
.
If we take the interpretation as-
" only tuition fee is deductible" then the phrase "Tuition Fee" only was sufficient in the Act.
.
However, in the Act the phrase used is "TUITION FEES" which is the plural of the phrase "TUITION FEE".
.
It shows that the intention of the legislation has remained to allow other fees also.
.
This has further been clarified by providing "exclusion" in the parentheses ( ), meaning thereby only development fees or donations or payment of similar nature as to development fees or donations are not allowable. Other payments made to an educational institution in connection with the full time education are thus allowable.
.
.
Tuition fees has not been defined in the Act.
.
If we take the interpretation as-
" only tuition fee is deductible" then the phrase "Tuition Fee" only was sufficient in the Act.
.
However, in the Act the phrase used is "TUITION FEES" which is the plural of the phrase "TUITION FEE".
.
It shows that the intention of the legislation has remained to allow other fees also.
.
This has further been clarified by providing "exclusion" in the parentheses ( ), meaning thereby only development fees or donations or payment of similar nature as to development fees or donations are not allowable. Other payments made to an educational institution in connection with the full time education are thus allowable.
.
Message likes :
1 times
22 January 2015
Moreover specifically college reciept fees are not excluded like development fees or donation fees ,so applying the concept of negative analogy it can be concluded that tuition fees includes above fees also as asked by jayarathinam.
22 January 2015
Section mentioned as Tuition fees excluding the donation and development and expenses n same nature). General meaning of Tuition is teaching & instructing. so my view also Tuition fees only allowed.
Message likes :
1 times
23 January 2015
Thank you Warrier Sir, Paras Sir and Ramesh Ji for sharing your views on my request on this debatable topic.
In a lighter sense I think IT Department will be very generous is they allow all fees except for in the nature of development fees and donation.
If we start taking exemption of all fees like exam fees, book fees, term fees, uniform fees, lab fees, Computer fees and many more then i think only tution fees will be good enough to take the entire 1.50 Lacs deduction u/s 80C.
I would still stick with my view in this matter.
In a lighter sense I think IT Department will be very generous is they allow all fees except for in the nature of development fees and donation.
If we start taking exemption of all fees like exam fees, book fees, term fees, uniform fees, lab fees, Computer fees and many more then i think only tution fees will be good enough to take the entire 1.50 Lacs deduction u/s 80C.
I would still stick with my view in this matter.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Not a CA , can we prepare balance sheet
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Excess income received or excess expenses paid
- What is reason of its
- Is Input or receivable interchangeable words
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
