17 July 2010
If We paid tution fees it is exempt or Not . if Exempt then which section. For Example if we [\paid 53450 then how much amount will be exempt in 80C
17 July 2010
ya tuition fees paid to university, college, school or education institution located in india for full tile education is allowed as deduction for two children u/s 80C. u/s 80C upto Rs. 1 lac is exempted. so whole of RS. 53,450 can be claimed as deduction
You can claim tution fees u/s 80C. but you have to make sure that your total allowed deduction is Rs. 1 Lacs. if your 80C investment cross 1 lacs while adding tution fees as 80C deduction then max. 1 Lacs you have to claim as deduction not above 1 Lacs.
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