Ramakrishna
(Financial Executive)
(438 Points)
Replied 14 September 2008
Dear Ashish Barthwal!!
As per Section 80C(2)((xvii)(b) states that 'Tuition fees' are deductible under Section 80C, only if it is paid for the full time education of a child. Is it correct to say that the courses offered by ICAI are full time educational courses?? Do post your reply!!
Cheers!!
Ashish Barthwal
(Article)
(137 Points)
Replied 17 September 2008
There are few condition required thing to be mention as deduction or not,
and that is:
Ist full time education, for a life time, recognised universty and instiution and icai covers all that
CA. Amit Daga
(Finance Controller CA. CS. CFA. CIFRS. M.COM. )
(9017 Points)
Replied 04 December 2008
D Kumar
(HR Analyst)
(30 Points)
Replied 02 March 2009
Dear Mr. Daga,
Could you please specify whether a person is eligiable to claim tax rebate both u/s 10(14) and u/s 80 C simultaneously in same FY.
Best Regards,
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)
CAclubindia
