Payment of tuition fees 80C

Page no : 2

Anshul (.) (375 Points)
Replied 16 June 2011

CA not being a full time cource shall not be eligible for deduction as tution fees under SEC.80C ....


lokesh maheshwari (partner) (62 Points)
Replied 16 June 2011

CA Course is not a regular course and ifees paid for it is not allowed u/s 80-c 


CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 16 June 2011

FEE PAID FOR CA COURSE IS NOT AVAILABLE AS DEDUCTION


U S Sharma (glidor@gmail.com) (21063 Points)
Replied 16 June 2011

Originally posted by : CS Bijoy
Originally posted by  
U S Sharma
 
"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.

80C itself is limited to 100,000, i have pointed the major factor only, as he has expressed "full time", ( request all to read the quyery atleast)


Vivek Mehta (CA, DISA,CS, MBA) (I am in Practice and also giving understanding and guidance to the Students of CA Final and IPCC for various subjects esp for Direct Tax.)   (1629 Points)
Replied 16 June 2011

Fee paid to ICAI is elligible for deduction but not the one which is paid to private coaching classes...



CA ANIL KUMAR (TRANEE) (46 Points)
Replied 17 June 2011

Dear friends,

CA tuition fee is not eligible for deduction under section 80c of the Income Tax Act 1961.


Viren (Chartered Accountant) (137 Points)
Replied 17 June 2011

Originally posted by : dipesh

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 SUNIL SURI (chartered accountant) (353 Points)
Replied 18 June 2011

payment of fees to CA coaching does not attracted to the provisions of sec-80C as CA course is not full time.........


Aparna Raja K.C (Student) (520 Points)
Replied 18 June 2011

Originally posted by : Niraj

 

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....

Agree :)


@*CS Siddharth Bumb. * (B.Com, CA Final, CS ) (5270 Points)
Replied 18 June 2011

Originally posted by : Arvind Sharma

Fee paid for CA Coaching is not eligible for 80C Deduction.......


naga kiran kumar (Articles Completed) (78 Points)
Replied 18 June 2011

I dont agree with VIVEK that fee paid to ICAI is allowable as deduction.



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