Tution fees and deduction
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 April 2012
I have query on tution fees.
A person is getting tution fees paid reimbursed from the employer
in that case can he claim deduction under section 80 C after reimbusrment of the same.
please quote relevant case law/section.
A person is getting tution fees paid reimbursed from the employer
in that case can he claim deduction under section 80 C after reimbusrment of the same.
please quote relevant case law/section.
16 April 2012
In my opinion, the tuition fees reimbursement is covered by Sec 17(3)(ii) of the Act and hence is a taxable perq. for the employee. The employee has to offer the same as taxable income and thereafter can claim deduction u/s 80C.
16 April 2012
I also agree with Swati,
I want to add sec. 10(14) Children education allowance: Rs.100 per month per child upto a maximum 2 children.
I think Sec.10(14)also need to take while calculation of exemption and deduction and excess of this will take into 80C subject to maximum of 1 Lacs.
I want to add sec. 10(14) Children education allowance: Rs.100 per month per child upto a maximum 2 children.
I think Sec.10(14)also need to take while calculation of exemption and deduction and excess of this will take into 80C subject to maximum of 1 Lacs.
16 April 2012
Yes, agreed with experts. Rs.1200/- per child (up to 2 childeren) under section 10(14), & exemption of Taxable Perquisites under Sec.80C
16 April 2012
yes agree with all the expert
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- TDS deduction (debit notes)
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
