19 April 2016
Dear Experts, Whether we can claim tuition fee exemption under 80C, even if its not our own kids? Legally those two kids its not mine but, i had paid school fees for those kids. In that case whether am eligible to get tax exemption?
19 April 2016
Sub section (4) of section 80C provides for tuition fees deduction in respect of any two children of individual. It does not specify whether an individual can claim deduction if he is only a legal guardian. This provision is however given in case of investment in Sukanya Samridhi Scheme where it is provided in sub section (4) that deduction u/s 80C would be available even to legal guardian of girl child.