Dear Sir,
The assessee has paid tution fees for his own Studies in india. (Not for his Childrens). He is having income from Salary. Can he get the deduction under section 80C (xvii) at the time of efilling.
RAMU G (Chartered Accountant) (158 Points)
09 July 2014Dear Sir,
The assessee has paid tution fees for his own Studies in india. (Not for his Childrens). He is having income from Salary. Can he get the deduction under section 80C (xvii) at the time of efilling.
DINU SUKUMAR
(Audit Manager)
(176 Points)
Replied 09 July 2014
Sir, U/S 80C tuition fee paid for the educational purpose of childrens only can deductible. In this case tuition fee is paid by the assessee for his own study is not allowable as a deduction.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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