WHETHER TO CLAIM CHILDRENS EDUCATION ALLOWANCE UNDER SECTION 10(14, ONE SHOULD HAVE CHILDREN & ALSO WHETHER AN UNMARRIED PERSON ALSO CLAIM THE ALLOWANCE OF RS.2400/- IN HIS RETURN
Giridhar S Karandikar
(Team Lead)
(7548 Points)
Replied 05 August 2012
Mr Ramanam, CA allowance can be claimed only if you have children that also only upto 2 children else you cant claim th eallowance.
K Srinivas, CMA CS
(Founder Artha Consulting Services)
(5181 Points)
Replied 07 August 2012
Sir,
I fully endorse Giridhar Sir's explanation. However, i 'd like to add a point.
Children education allowance is allowed even if the assessee has adopted children or step children.
SInce an unmarried assessee can adopt a chilld, he can still claim the allowance