Neeraj Joshi (Accounts executive) (97 Points)
03 March 2016
Vikas Gupta
(Tax Executive)
(530 Points)
Replied 03 March 2016
Definately he can claim the portion of Tuition Fees paid by him for his children u/s 80C. Allowances and deduction under chapter VI-A are the two different aspects. Allowances are fixed in nature and children education allowance is exempt upto Rs. 100/- per month per child (maximum of two children). Deduction u/s 80C is limited to Rs. 150000/-. Thus, he can claim Rs. 15000/- u/s 80C but check twice that the Rs. 15000/- is the amt of tuition fees only.
Neeraj Joshi
(Accounts executive)
(97 Points)
Replied 03 March 2016
Thanks Sir for your support,
Sir actually I received quarterly school fees receipt from my collogue.
tuition fees is separately mention on this receipt. & the total of tuition fees paid in F.Y. is 15000.
.
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