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Tution fee

hari2009 (Executive) (224 Points)

16 February 2009

hi all,

whether we can claim the term fee as the tution fee

Because most of the schools are giving the tution as term fee on the receipt

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4 Replies

C.A. M.Com. Suhas A. Nagpure (CA) (1175 Points)
Replied 16 February 2009

If there is no bifurcation of Tuition fees & other fees then you can claim term fees as tuition fees

Chears......

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hari2009 (Executive) (224 Points)
Replied 16 February 2009

Originally posted by :Suhas
"	Hi If there is no bifurcation of Tuition fees & other fees then you can claim term fees as tuition fees Chears......	"

thank you

CA. Ashok shah (CHARTERED ACCOUNTANT) (333 Points)
Replied 16 February 2009

Yes, it is deductible. Any sum paid as Tuition fees (not including any payment towards development fees/donation/payment of similar nature) whether at the time of admission or otherwise to any university/college/education institution in India for full time education of any two children of an individual is deductible u/s.80C. It is subject to overall limit of Rs.100000/-.

srilakshmi (ca final) (369 Points)
Replied 16 February 2009

yes it is allowed as deduction U/S 80C but it is allowed if it is full time education only (but it should not be building donations / other development fees)