Section 80C - Child Education Fees

This query is : Resolved

Rajat (Querist)
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03 September 2008 An employee getting Rs 2400 as child education fees allowance for two children.

He is actually paying Rs 5000 as tution fees for both the child.

How much deduction can he claim u/s 80C

Jitender

Jitender (Expert)
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03 September 2008 The assessee can claim Rs. 5000 X 12 = Rs. 60000 as deduction u/s 80C .

Rajat

Rajat (Querist)
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04 September 2008 Thanks you Sir. The figures I quoted were on annual basis.

Still based on your reply, I assume that employee can claim Rs 2400 as exempted allowance from employer u/s 10(14)

and can still claim deduction of Rs 5000 u/s 80C

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