Tuition fee reimbursement
Sudhakar (Asst) (31 Points)
11 April 2014Sudhakar (Asst) (31 Points)
11 April 2014
SURESHAN K
(Auditor)
(189 Points)
Replied 12 April 2014
Entire reimbursement is income in the hands of employees. Only tution fee paid can be claimed as deduction u/s 80C
eg. the following reimbursement were made to Mr. X
1) Tuition Fee : 20,000
2) Books Cost : 4,000
Total : 24,000
Rs. 24,000/- will be included in total income of Mr. X and he can claim Rs. 20,000/- u/s 80C