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Friday, June 07, 2019

Tution Restrictions circular by DPO Ahemdabad

Tution Restrictions circular by DPO Ahemdabad

The Section only allows for deduction ofmonthly tuition fees paid to school, college or any other recognised university for full time education of maximum two childrenof an individual. ... Anything other than feelike admission fee or deposit cannot be claimed under the Section 80C window.

Section 80C: In addition, you can claim tax deduction of up to Rs 1.5 Lakh for the tuition fee under section 80C. However, this is a blanket limit available for several things, such as life insurance premium, investments in PPF, ELSS, NSC, etc., taken 

The Section only allows for deduction of monthly tuition fees paid to school, college or any other recognised university for full time education ofmaximum two children of an individual. ... Anything other than fee like admission fee or deposit cannot be claimed under the Section 80C window.