Maximum education expenses allowed
Vipul Khambhaliya (38 Points)
20 July 2023
how much maximum education expenses allowed in 80c deduction
Vipul Khambhaliya (38 Points)
20 July 2023
Mudassar Nath
(Manager)
(51 Points)
Replied 20 July 2023
A taxpayer can claim a maximum deduction of Rs 1.5 lakh on the tuition fees paid for up to 2 children to any university, college, school or other educational institution situated in India
The following exemption* is provided to a salaried taxpayer in India:
Childrens' Education Allowance: INR 100 per month per child up to a maximum of 2 children.
Hostel Expenditure Allowance: INR 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)
Mudassar Nath
(Manager)
(51 Points)
Replied 20 July 2023
A taxpayer can claim a maximum deduction of Rs 1.5 lakh on the tuition fees paid for up to 2 children to any university, college, school or other educational institution situated in India
The following exemption* is provided to a salaried taxpayer in India:
Childrens' Education Allowance: INR 100 per month per child up to a maximum of 2 children.
Hostel Expenditure Allowance: INR 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)
RAJA P M
("Do the Right Thing...!!!")
(127921 Points)
Replied 20 July 2023
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