7 Replies
Damyantee Rai
(other)
(292 Points)
Replied 29 June 2019
No. Only individuals are allowed for tuition fees paid for any TWO children.
CA. Ankit Singla
(In Practice)
(79 Points)
Replied 29 June 2019
and if huf paying tuition fees for members it will be allowed
Damyantee Rai
(other)
(292 Points)
Replied 29 June 2019
Read sec 80C(2) .. The sums referred to in sub-section (1) shall be any sums paid or deposited in the previous year by the assessee ....
(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);
........
Read sec. 80C (4) ...
(4) The persons referred to in sub-section (2) shall be the following, namely:—
(a) for the purposes of clauses (i), (v), (x) and (xi) of that sub-section,—
(i) in the case of an individual, the individual, the wife or husband and any child of such individual, and
(ii) in the case of a Hindu undivided family, any member thereof;
(b) for the purposes of clause (ii) of that sub-section, in the case of an individual, the individual, the wife or husband and any child of such individual;
(ba) for the purposes of clause (viii) of that sub-section, in the case of an individual, the individual or any girl child of that individual, or any girl child for whom such person is the legal guardian, if the scheme so specifies;
(c) for the purposes of clause (xvii) of that sub-section, in the case of an individual, any two children of such individual.
Kapadia Pravin
(17264 Points)
Replied 13 November 2019
------_---
Here husband and wife both can avail this deduction and hence total upto 4 children.
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