Is Deduction u/s 80C for Tuition Fees includes only tuition fees OR other fees computer / lab fees also included (except donation/development fees)??
Kindly suggest with notification.
3 Replies
Saikrishnan S
(Chartered accountant - Plintron)
(186 Points)
Replied 13 February 2017
" Any tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter,—
(a) to any university, college, school or other educational institution situated within India;
(b) for the purpose of full-time education of any of the persons specified in sub-section (4) "
On reading the above extract from the act, it can be interpreted that any payment not falling under the exclusion list can be claimed. Thus, computer/lab fees is also eligible for deduction.
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