Dear Sir,
My brother incurred Rs. 1,65,000/- per year for higher education for his daughter.His LIC amount is Rs. 1,00,885/-. How much amount he should claim under section 80C for AY 16-17?
Regards,
Asim Jana
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Deduction on higher education
Replies (6)
Only "tuition fees" portion of school fees is allowed to be deducted u/s 80C. You can check fees receipts.
The amount of LIC and tuition fees cant exceed 150000/-
UPTO 150000 AND ONLY TUITION FEE PORTION IN RECEIPT YOU CAN CLAIM
Sir,
But there is no "tution Fees" head. The amount is paid as per semistar charges.
-To claim deduction of tution fees, head has to be tution fees not semister charges
- U can claim Rs. 150000 LIC u/s 80C
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