Valerian Dsouza (Manager Audit & Taxation) (413 Points)
18 February 2010Assessee's son doing MBBS / MD in Ukrain. College Tuition fees paid is USD 3500/- per annum. Whether the same
deductible u/s. 80C of IT Act 1961 or not ?
Thanks & Regards,
Valerian D'Souza
Manager, Accounts of a Private Limited Company
llllVICTORllll
(Internal Auditor)
(511 Points)
Replied 18 February 2010
Sec 80C clearly states that benefit is available for the tution fee paid to educational institutes situated in india .. so you will not get 80C benefit
Amir
(Learner)
(4016 Points)
Replied 18 February 2010
Dear Valerian,
Agree with other friends won't be allowed u/s 80C
Ameet
(L)
(1678 Points)
Replied 18 February 2010
Yes, fees paid to educational institutes situated in india only are eligible for deduction.
CAclubindia
