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Tuition fee reimbursement
If tution fees reimbursed by central govt to its employees is it income can we avail deduction under 80C up to 100000. Can we avail deduction under any other section other than 80C explain with an example please
Replies (1)
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
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