CA Course fees eligible for 80C

Page no : 2

RADHIKA JALAN (agarwal) (1521 Points)
Replied 23 March 2010

agree with akshata and manoj...........


Jay Shah (Corporate Finance - Debt Markets)   (57 Points)
Replied 23 March 2010

I agree that its not necessary for ur to join classes which are full time in nature as our course doesnot specify that unlike MBA, etc...

But my view is that we are doing our artlicleship for the whole day long ad as such it must be considered as a full time learning as the underlying objective of articleship is LEARNING

So i feel that it must be available for 80C deduction.


koolleo87 (1268 Points)
Replied 23 March 2010

Full time course is one in which attendence of classes is required. Articleship can never be construed as that. Its surprising how so many ca students can mis interpret such a simple thing. 

.

.

.

No Wonder Uttam agarwal says students are not upto the mark. 


SHUVRO ( (WANT TO LEARN) ) (175 Points)
Replied 23 March 2010

IF I AM NOT MISTAKEN THEN CA DOES NOT CHARGE ANY TUTION FEES BUT CHARGES ADMISSION FEES. IT DOES NOT PROVIDE ANY TUTION WHICH IS MANDATORY FOR CLAIMING THE DEDUCTION.


CA PRAVEEN KESHAV (CHARTERED ACCOUNTANT) (331 Points)
Replied 23 March 2010

fees paid for CA Course  not allowed as deduction u/s 80c



Padmavathi (Studying C.A-Final) (132 Points)
Replied 23 March 2010

Tution fees paid for CA course is not eligible for deduction under Section 80C.

The deduction is available for Full Time courses only.   In our opinion no deduction is available for part time or distance learning courses. Full time course is one in which full attendence for classes is required and not practical training. So articleship is not considered here. 

Fees for Private tuition/Coaching Classes not eligible for deduction u/s. 80C :- The fees should be paid to university, college, school or other educational institution. No deduction available for fees paid for private tuition’s , coaching courses for admission in professional courses or any other type of courses are not covered as that fee is not paid for FULL time education.


swapnil (CA Final Student) (63 Points)
Replied 23 March 2010

no CA PCC/Final fees are not eligible under 80 C


SUNIL KUMAR GUPTA (FRESHER) (24 Points)
Replied 23 March 2010

Hi

The fees paid for C.A. course is not eligible for 80C deduction because:

a) C.A. Course is correspondence -  you can confirm in prospectus.

b) 80C is eligible for regular courses only.

Thanks


sumit (Industrial Trainee at EY)   (366 Points)
Replied 23 March 2010

Originally posted by : SUNIL KUMAR GUPTA

Hi

The fees paid for C.A. course is not eligible for 80C deduction because:

a) C.A. Course is correspondence -  you can confirm in prospectus.

b) 80C is eligible for regular courses only.

Thanks

i agree


CA. Raghav Goyal (CA Practice) (150 Points)
Replied 23 March 2010

perhaps as per the amandments during last 1-2 yrs courses like CA has also become eligible....



Max Payne (employed) (2574 Points)
Replied 23 March 2010

 

Why equate "full time course", with full time class-room-teaching?

 

Why do u say admission fee does not qualify, when the act says tuition fees paid at the time of admission also qualifies? Is not the substance over nomenclature to be considered? The fee we pay is actually towards the cost of study materials, which is part of the long distance coaching provided by the institute

 

Where is it said that correspondence courses are not full time? We are doing the full time as per the requirements of a body created under an act of parliament.

 

 

Jay Shah (Corporate Finance - Debt Markets)   (57 Points)
Replied 23 March 2010

Mr. G Kumar,

I totally agree with you.


Nitin Grover (CS) (1228 Points)
Replied 23 March 2010

Dear G Kumar

can u pls tell where its written correspondece course is also a full time

in general way u can make diffrence  between it.

its logically dear if u r doing full time course then how u can do job/ article ship also as per INDIAN Government

Regards


Max Payne (employed) (2574 Points)
Replied 24 March 2010

Hi friends,

I am not on offensive, but then MBA and engineering also have practical periods...

those are eligible courses, but ours are not?

We work as apprentices, they work outright as trainees!

 

The only correpsndence in CA is the teaching and learning the syllabus,

we are always in the thick of our education..

 

The act says full time education, not full time course. Articleship is part of our education pls.




Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Join CCI Pro


Subscribe to the latest topics :

Search Forum: