Tuition fee

This query is : Resolved 

14 February 2011 Sir
Kindly clear my following doubts.
Become a salaried income assessee, I would like deduct tuition fee from my total income under the Sec.80 C. I am actually paying Rs.3195/- as quarterly fee for my son. But the receipt of the school shows as follows:-
Tuition fee 2295
smart class fee 100
computer science fee 100
computer course fee 150
home science fee 100
mess fee 100
hostel fee 150
special annual fee 100
fine 100
Total 3195
Sir, in this case how much can be deducted as tuition fee from my salary.
Regards.

Nissar
Ernakulam

14 February 2011 Only 2295 will be allowed u/s 80C of the Income TAx Act.

14 February 2011 With the language of the IT circular, only Tuition Fee can be safely said to be added in the 80C list. so.. 2295/- is the answer.




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