Tution fees
Hasnain Radiowaala (10 Points)
07 February 2018
Can someone eloborate tution fees as per sec 80C
8 Replies
Mohammad Zeban Quadri
(Student)
(55 Points)
Replied 08 February 2018
Only Govt. Colleges & institutions also Govt. AIDED Tution fees allowed Under Sec. 80C
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 08 February 2018
No more specified only govt institution...
We can claim both institution like Govt / Private / govt & private....
We can claim both institution like Govt / Private / govt & private....
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 08 February 2018
Deduction of payment made towards Tuition Fees under section 80C
In respect of education, a parent can claim a deduction on the amount paid of tuition fees paid to any university, college, school or any other educational institution.Other components of fees such as development fees,transport fees are not eligible for deduction u/s 80C.Only tuition fees part of the total fees paid is allowed for deduction.
The maximum deduction on payments made towards tuition fee can be claimed up to Rs 1.50 lakh together with the deduction in respect of insurance, provident fund, pension etc. in a financial year.
It can only be claimed in respect of two dependent children and for fees paid to an education institution, college or school.
Eligibility of Tuition fees for claiming deduction u/s 80C
Persons paying any sum/ fees towards the education of their children can claim tax deduction provided following conditions are satisfied:
Who is eligible: Deduction is available only to an Individual.How many Children?: Deduction is available to a maximum of 2 children for each individual. Therefore, a maximum of 4 children deduction can be claimed, i.e. 2 by each parent.Maximum Limit: Deduction is available maximum up to Rs.1.50 Lakh for each financial year for each parent respectively. Please note that aggregate amount of deduction under section 80C , 80CCC and 80CCD shall not exceed Rs.1,50,000 for the individual parent.Tuition Fees Paid to affiliated Educational institution, University, College, School within India: Deduction is available irrespective of the class attended by the child. But, the university must be situated in India. It can be affiliated to any foreign university.The deduction is available only for full-time education courses that include Nursery School, Creches & play schools.Deduction is available only on actual payment and not on payable basis: For example, if fees is paid by the parent in April, 2017 for the quarter ending March, 2017 then fee paid will be eligible for deduction in FY 2017-18.Fee can even be claimed by Unmarried person/ divorced parent.Adopted Child’s school fees is also eligible for deduction.
Non-eligibility of payments towards Tuition fees
Deduction is not available for payment made towards Development fees, donation or charity, Private Coaching center, other expenses such as hostel expenses, mess charges, library charges or similar payments.Deduction is not available for payment made towards part-time courses.Deduction is not available towards payment made for school fees of Self, spouse, brother or sister, father or mother or any other relative.Late school fees paid is also not eligible for deduction.Fees paid to a foreign university situated outside India would also not be eligible for deduction.
In respect of education, a parent can claim a deduction on the amount paid of tuition fees paid to any university, college, school or any other educational institution.Other components of fees such as development fees,transport fees are not eligible for deduction u/s 80C.Only tuition fees part of the total fees paid is allowed for deduction.
The maximum deduction on payments made towards tuition fee can be claimed up to Rs 1.50 lakh together with the deduction in respect of insurance, provident fund, pension etc. in a financial year.
It can only be claimed in respect of two dependent children and for fees paid to an education institution, college or school.
Eligibility of Tuition fees for claiming deduction u/s 80C
Persons paying any sum/ fees towards the education of their children can claim tax deduction provided following conditions are satisfied:
Who is eligible: Deduction is available only to an Individual.How many Children?: Deduction is available to a maximum of 2 children for each individual. Therefore, a maximum of 4 children deduction can be claimed, i.e. 2 by each parent.Maximum Limit: Deduction is available maximum up to Rs.1.50 Lakh for each financial year for each parent respectively. Please note that aggregate amount of deduction under section 80C , 80CCC and 80CCD shall not exceed Rs.1,50,000 for the individual parent.Tuition Fees Paid to affiliated Educational institution, University, College, School within India: Deduction is available irrespective of the class attended by the child. But, the university must be situated in India. It can be affiliated to any foreign university.The deduction is available only for full-time education courses that include Nursery School, Creches & play schools.Deduction is available only on actual payment and not on payable basis: For example, if fees is paid by the parent in April, 2017 for the quarter ending March, 2017 then fee paid will be eligible for deduction in FY 2017-18.Fee can even be claimed by Unmarried person/ divorced parent.Adopted Child’s school fees is also eligible for deduction.
Non-eligibility of payments towards Tuition fees
Deduction is not available for payment made towards Development fees, donation or charity, Private Coaching center, other expenses such as hostel expenses, mess charges, library charges or similar payments.Deduction is not available for payment made towards part-time courses.Deduction is not available towards payment made for school fees of Self, spouse, brother or sister, father or mother or any other relative.Late school fees paid is also not eligible for deduction.Fees paid to a foreign university situated outside India would also not be eligible for deduction.
Hasnain Radiowaala
(10 Points)
Replied 08 February 2018
In school fees it does not seperately bifurcate what portion of fees is dedicated to tution fees and other activities. So, is the whole amount of school fees eligible for deduction?
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 08 February 2018
No... Tuition fee only Can deductible. Otherwise is following only will be available...
RAJA P M
("Do the Right Thing...!!!")
(128101 Points)
Replied 08 February 2018
Exemption for Children education & Hostel Expenditure
Following exemption* is provided to an individual employed in India:
Children Education Allowance: Rs 100 per month per child up to a maximum of 2 children.Hostel Expenditure Allowance: Rs.300 per month per child up to a maximum of 2 children.
(*Only if expenses are incurred in India as per Section 10(14) of the income tax act)
Following exemption* is provided to an individual employed in India:
Children Education Allowance: Rs 100 per month per child up to a maximum of 2 children.Hostel Expenditure Allowance: Rs.300 per month per child up to a maximum of 2 children.
(*Only if expenses are incurred in India as per Section 10(14) of the income tax act)
Shubham Khandelwal
(Student CA Final )
(45 Points)
Replied 20 February 2018
80C [xvii] as tuition fees [excluding any payment towards any development fees or donation or payment of similar nature], whether at the time of admission or thereafter,—
[a] to any university, college, school or other educational institution situated within India;
[b] for the purpose of full-time education of any of the persons specified in sub-section [4]
SUB SECTION [4] [c] for the purposes of clause [xvii] of that sub-section, in the case of an individual, any two "children" of such individual.
2[15B] "child", in relation to an individual, includes a step-child and an adopted child of that individual;
[a] to any university, college, school or other educational institution situated within India;
[b] for the purpose of full-time education of any of the persons specified in sub-section [4]
SUB SECTION [4] [c] for the purposes of clause [xvii] of that sub-section, in the case of an individual, any two "children" of such individual.
2[15B] "child", in relation to an individual, includes a step-child and an adopted child of that individual;
Income Tax Wala: (Fin. Expert)
(Chartered Accountants)
(2015 Points)
Replied 20 February 2018
| Originally posted by : Hasnain Radiowaala | ||
 |
In school fees it does not seperately bifurcate what portion of fees is dedicated to tution fees and other activities. So, is the whole amount of school fees eligible for deduction? |  |
See, if it not mentioned in scool fee receipt that how much is for tuition fees , development etc
Than obviously, the entire fee amount would be mentioned under heading of school fees.
IN THAT CASE YOU CAN CLAIM ENTIRE AMOUNT U/S 80C
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