Tution Fees u/s 80C

Page no : 2

manish (Article Assitant) (358 Points)
Replied 18 January 2010

Payment of tution fees by an individual assessee at the time of admission or thereafter to any university, college, school, or other educational institutions within india for the purpose of full-time education of any two children of the individual. this benefit is only for the amount of tution fees for full-time education and shall not include any payment towards development fees or donation or payment of similar nature and payment made for education to any institution situated outside india.

Upgrade to CAclubindia Pro. Subscribe Now!

sumathi (PCC STUDENT) (25 Points)
Replied 19 January 2010

yes, we can claim upto Rs.100000 . Provided that amount should paid during the previous year . But is there any limit for children, i dont think so. Limit for two children is only for salaried individuals know.

sudhir rawal (B.COM/PCC/ARTICLE/'O'LEVEL) (314 Points)
Replied 19 January 2010

yes maximum amount of investment is rs 100000/- under section 80C

BUT WHEN YOU ARE TAKING OTHER DEDUCTION UNDER SECTIONS 80CCC AND 80CCD

THEN

AS PER SECTION 80CCE THE AMOUNT OF SECTION 80C , 80CCC, 80CCD CANNOT EXCEEDS 100000/-

Rajeev (CS Final Student) (22 Points)
Replied 15 March 2010

Yes, An Individual can claim deduction of tution fees but subject to limit Rs. 1.00 Lac including deduction u/s 80C, 80CCC & 80CCD. But only two children are eligible for deduction of Tution fees

manikandan.J (Accounts Manager) (363 Points)
Replied 29 April 2010

tuition fees allowed the u/s 80C allowed upto Rs.100000/-subject to condition you can claim only tuition fees not for bus fees and special fees and computer fees it is mentioned in the receipt you should consider tuition fees only not for any other special fees etc....