Friends
Do you get deduction under section 80C on payment of fees of your son who is pursuing CA course. the issues involved are:
Is CA course full time
regards,
Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
16 June 2011Friends
Do you get deduction under section 80C on payment of fees of your son who is pursuing CA course. the issues involved are:
Is CA course full time
regards,
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 16 June 2011
conditions for claiming 80C
1) it should be paid for your children ( max 2) for full time schooling of any recognized institte.,
2) only "tution fees" is eligible, excluding, dev fees, secssion fees, exam fees, library fees, uniform fees or whatsoever may.
Arvind Sharma
(ACA)
(1432 Points)
Replied 16 June 2011
Fee paid for CA Coaching is not eligible for 80C Deduction.......
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 16 June 2011
Originally posted by : Arvind | ||
Fee paid for CA Coaching is not eligible for 80C Deduction....... |
AGREED.
Mukesh Kumar Singh
(CA-FINAL)
(4094 Points)
Replied 16 June 2011
Niraj
(CHARTERED ACCOUNTANTS)
(72 Points)
Replied 16 June 2011
As per the conditions for claiming 80C
1) it should be paid for your children ( max 2) for full time schooling of any recognized institte.,
2) only "tution fees" is eligible, excluding, dev fees, secssion fees, exam fees, library fees, uniform fees or whatsoever may.
The same will not be allowed as deduction....
kaushal
(C.A. Student & Audit Assistant )
(44 Points)
Replied 16 June 2011
Hey Dipi
C.A. is not a regular course so deduction u/s 80 C of Tution Fess is not eligible in this case.
...........GOD BESS YOU...............
DIPESH
(CA Final Student)
(47 Points)
Replied 16 June 2011
Deduction not available for part time course:- The deduction is available for Full Time courses only. In our opinion no deduction is available for part time or distance learning courses.
Fees for Private tuition/Coaching Classes not eligible for deduction u/s. 80C :- The fees should be paid to university, college, school or other educational institution. No deduction available for fees paid for private tuition’s , coaching courses for admission in professional courses or any other type of courses are not covered as that fee is not paid for FULL time education.
Location of University, college, school or other educational institution: University, college, school or other educational institution must be situated in India though it can be affiliated to any foreign institutes.
CA. Anubhav Jaggi
(CA)
(104 Points)
Replied 16 June 2011
Fees paid for CA coaching is not eligible u/s 80C. But interest paid on loan taken for CA course is eligible for deduction u/s 80E from AY 2010-11. (Finance Act 2009).
CS Bijoy
(Expert)
(6394 Points)
Replied 16 June 2011
Originally posted by
"conditions for claiming 80C
1) it should be paid for your children ( max 2) for full time schooling of any recognized institte., 2) only "tution fees" is eligible, excluding, dev fees, secssion fees, exam fees, library fees, uniform fees or whatsoever may"
Agreed with but there is some maximum limit of deduction and CA course is not full time,so it can not be applicable.
Rajnikant Vadigoppula
(CA, CS And CMA Final)
(919 Points)
Replied 16 June 2011
agree with above views
Maneet Puri
(student)
(71 Points)
Replied 16 June 2011
Ca course is not a regular course , while the deduction under section 80C is allowable only to full time regular course. So question of claiming deduction for tution fees doesn't arise at all. So there is no ambiguity in this regard.
Kumar Babu.G
(Chartered Accountant)
(1597 Points)
Replied 16 June 2011
Not eligible for deduction u/s 80C.
CA Mohit Saxena
(FINANCE MANAGER)
(343 Points)
Replied 16 June 2011
Yes fee paid for CA not eligible for deuction under section 80C, as CA is not a full time course.
Agreed with above views