Hi,
Is there any limit prescribed for the deduction U/s 80C for tuiton fees.
Thanks
Vishal
3 Replies
Rahul Gupta
(Project Controller ACA MBA(Fin.))
(8019 Points)
Replied 21 June 2010
Theere is no limit specifically for Tution Fees in 80C. However, the total amount of deduction under 80C cannot exceed Rs. 1 Lakh. So indirectly, Tution Fees can be claimed only upto Rs. 1 Lakh.
RAKESH
(Almost CA)
(2199 Points)
Replied 21 June 2010
there is no limit for tuition fees except that the total claim or deduction u/s. 80-c should not exceed 1 lakh
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