25 March 2009
ANY SUM PAID AS TUTION FEES (EXCLUDING PAYMENT TOWARDS DEVELOPMENT FEES OR DONATION OR SIMILAR PAYMENT ) IS ELIGIBLE FOR DEDUCTION. ON THE BASIS OF THAT ALL THE ABOVE PAYMENTS QUALIFY FOR DEDUCTION U/S 80C. PL CLARIFY ABOUT THE NATURE OF INSTITUTIONAL FEES TO ENSURE THAT IT IS NOT DONATION
27 March 2009
Tution Fees & Lab Fees also as Lab Fees even though charged seperately It can be proved & justified as fees as a part of tution fees. without Lab practicals You can say your tutions to be incomplete. Inst.Fees if some what lik Devp Chgs then Not eligible for ded. Exam fees not eligible
31 March 2009
Section 80C of the I T Act does not provide the definition of tuition fee , however there is express provision what can not be allowed in the name of tuition Fee. The Section 80C (xvii) states “ “as tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter, (a) to any university, college, school or other educational institution situated within India; (b) for the purpose of full-time education of any of the persons specified in sub-section (4);“ Therefore the provision clearly prohibit allowance of tuition fee in the name of : Development Fees Donation or payment of similar nature
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