what is the maximum limit of tution fees?
Amod Ranjan (Service) (356 Points)
25 March 2010what is the maximum limit of tution fees?
praveen
(Chartered Accountant)
(6971 Points)
Replied 25 March 2010
ya full 1,00,000 in the common slab of Section 80C can be claimed...
Amit Nishania
(CA Final - Student)
(495 Points)
Replied 25 March 2010
There is no maximum limit for tution fees, it can be taken for maximum for 2 children, but as maximum deduction allowed under 80C is 100000 so you can not claim more deduction.
Renuka grad CWA,CA
(associate)
(36 Points)
Replied 26 March 2010
There is no limit for tution fee..u can claim it for two children..as per Sec.80C , the maximum deduction allowed is Rs.1,00,000..
C.Balaji
(Learner)
(1867 Points)
Replied 26 March 2010
The Maximum limit for ded. u/s 80C is Rs. 100000/- ..... Tution Fees paid for children is a part of 80C deduction......
Gita Iyer
(Specialist)
(135 Points)
Replied 26 March 2010
Suresh
(CA Final Student)
(177 Points)
Replied 26 March 2010
U/S 80C Maximum Deduction availble is Rs.100000/-
Nomula Sreenivasarao
(DGM -Accounts)
(163 Points)
Replied 26 March 2010
TUITION FEE COMES UNDER 80C DEDUCTION, YOU CAN CLAIM UP TO 1,00,000/- UNDER 80C AS TUITION FEE, BUT IN YOUR SCHOOL FEE RECEIPTS ONLY TUITION FEE PART WILL BE TAKEN UNDER 80C, OTHER FEES WILL NOT CONSIDER AS TUITON FEE
karthikeyan.v
(Chartered Accountant)
(523 Points)
Replied 26 March 2010
hi
agree with every one it is i lack the limit under sec 80 c
karthi
tapesh Kumar
(ARTICLE)
(46 Points)
Replied 26 March 2010
The maximum tuition fees allowed u/s 80 c is rs. 100000 provided it has been paid to indian institutions.
and maximum allowance under salary for tuition fees Rs. 200 per child per month upto 2 children and Rs. 300 for hostel allowance
PF & ESI Course - Labour Code 2019 Along with Examples and Case Studies