The document discusses the tax deduction available under Section 80C of the Indian Income Tax Act for tuition fees paid for children's education. Some key points covered include:
- Tuition fees paid for up to two children can be deducted, up to a maximum of Rs. 100,000.
- The deduction is available for fees paid to schools, colleges, or universities in India for full-time courses. Fees paid for part-time or distance learning are not eligible.
- Tuition fees have a broad meaning and include admission fees but not development fees, donations, or late fees.
- Both parents can claim the deduction for fees paid for their children separately, subject to the two-child limit.
This document provides information about various tutoring services offered by IB IGCSE Tutors. It discusses the A-Level, AS-Level, and A2-Level qualifications offered in several countries. It also mentions Cambridge International Examinations programs like IGCSEs, Cambridge Pre-U, Cambridge Primary, and the International Baccalaureate program. The document lists tutoring services available for boards like CBSE, ICSE, ISC, SSC, HSC, and US education. It highlights features like one-on-one personalized lessons, assistance at the student's pace, and feedback/progress reports. Modes of online tutoring mentioned are Skype, Google Hangouts, FaceTime, and IMP
This document provides information about various tutoring services offered by IB IGCSE Tutors, including:
- Tutoring for IGCSE, AS/A-Levels, Cambridge programs, IB, CBSE, ICSE, and state boards.
- Tutors guide students through topics to prepare for exams.
- Online tutoring available via Skype, Google Hangouts, FaceTime, or other platforms.
- Tutoring is customized for each student and covers grades 3 through university level.
- Global operations support students worldwide through local offices in several countries.
IGCSE IB English Home Tutor in Hyderabad,Dubai,Riyadh,London 993O7974363D HOME TUTORS
IGCSE IB English Home Tutor in Hyderabad,Dubai,Riyadh,London 993O797436
3D Home Tutors is the leading provider of tutoring to students of Chemistry, Physics, Biology English and Maths. 993O797436
Igcse Math tutor, igcse physics tutors london home tutors, hyderabad igcse math tutors
Student Loan in SBI is a term loan. And, this loan is granted to Indian Nationals for pursuing higher education in India or abroad. Where they have secured admission.
For more info visit http://www.moneymaya.in/category/students-loan/
Course Guide for Students - North Coast TAFENorthcoastNSW
Discover your future now with North Coast TAFE. The Institute provides various courses that can help to launch your career. Contact the Institute to know more in details.
This document provides information about obtaining education loans in India. It notes that education costs have increased significantly, necessitating loans for many students pursuing higher education. Education loans in India can range from Rs. 3 lakhs to Rs. 25 lakhs, depending on the course and institution. Interest rates typically range from 12-15% and loans cover tuition as well as other education expenses. Co-signers are usually required and repayment begins 6 months to 1 year after completing their studies. Larger loans over Rs. 7.5 lakhs may require collateral like a property. The major banks that offer education loans in India are listed at the end.
in order to popularize Commerce Education among the students, The Career Counseling Group (CCG) of the Institute of Chartered Accountants of India (ICAI) is conducting a Commerce Talent Search Test called as ICAI Commerce Wizard -2018. The aforesaid test is an aptitude test intends to create awareness in Commerce & allied subjects.
This document provides information about various tutoring services offered by IB IGCSE Tutors. It discusses the A-Level, AS-Level, and A2-Level qualifications offered in several countries. It also mentions Cambridge International Examinations programs like IGCSEs, Cambridge Pre-U, Cambridge Primary, and the International Baccalaureate program. The document lists tutoring services available for boards like CBSE, ICSE, ISC, SSC, HSC, and US education. It highlights features like one-on-one personalized lessons, assistance at the student's pace, and feedback/progress reports. Modes of online tutoring mentioned are Skype, Google Hangouts, FaceTime, and IMP
This document provides information about various tutoring services offered by IB IGCSE Tutors, including:
- Tutoring for IGCSE, AS/A-Levels, Cambridge programs, IB, CBSE, ICSE, and state boards.
- Tutors guide students through topics to prepare for exams.
- Online tutoring available via Skype, Google Hangouts, FaceTime, or other platforms.
- Tutoring is customized for each student and covers grades 3 through university level.
- Global operations support students worldwide through local offices in several countries.
IGCSE IB English Home Tutor in Hyderabad,Dubai,Riyadh,London 993O7974363D HOME TUTORS
IGCSE IB English Home Tutor in Hyderabad,Dubai,Riyadh,London 993O797436
3D Home Tutors is the leading provider of tutoring to students of Chemistry, Physics, Biology English and Maths. 993O797436
Igcse Math tutor, igcse physics tutors london home tutors, hyderabad igcse math tutors
Student Loan in SBI is a term loan. And, this loan is granted to Indian Nationals for pursuing higher education in India or abroad. Where they have secured admission.
For more info visit http://www.moneymaya.in/category/students-loan/
Course Guide for Students - North Coast TAFENorthcoastNSW
Discover your future now with North Coast TAFE. The Institute provides various courses that can help to launch your career. Contact the Institute to know more in details.
This document provides information about obtaining education loans in India. It notes that education costs have increased significantly, necessitating loans for many students pursuing higher education. Education loans in India can range from Rs. 3 lakhs to Rs. 25 lakhs, depending on the course and institution. Interest rates typically range from 12-15% and loans cover tuition as well as other education expenses. Co-signers are usually required and repayment begins 6 months to 1 year after completing their studies. Larger loans over Rs. 7.5 lakhs may require collateral like a property. The major banks that offer education loans in India are listed at the end.
in order to popularize Commerce Education among the students, The Career Counseling Group (CCG) of the Institute of Chartered Accountants of India (ICAI) is conducting a Commerce Talent Search Test called as ICAI Commerce Wizard -2018. The aforesaid test is an aptitude test intends to create awareness in Commerce & allied subjects.
Mrs. X is a deputy manager receiving a monthly salary and dearness allowance. She also gets a house rent allowance and contributes to a recognized provident fund. Her minor son earned income from a property transferred to him by Mrs. X. Mrs. X sold some bonds, and her employer provided an interest-free loan to her son's wife. She also paid a medical insurance premium for her dependent mother. Her taxable income and tax liability for the assessment year need to be calculated.
This document outlines the tuition fees, admission fees, payment schedules and policies for the 2016-2017 academic year at Green School in Bali, Indonesia. Key details include admission fees ranging from 3 to 35.5 million IDR, tuition fees ranging from 92 to 206 million IDR depending on grade level, discounts for early or multiple child payments, and a policy that tuition fees are non-refundable due to budget commitments made based on enrollment numbers.
The document discusses methods and best practices for budget planning in education. It provides details on the costs of education in the Philippines from grade school through college, including average annual tuition costs. It then offers steps for school budget preparation, such as understanding previous budgets, making assumptions, establishing priorities, staffing priorities, and budgeting for staff expenses before finalizing and sharing the budget. The best practices highlighted include developing a budget calendar, starting early and planning for uncertainties, leveraging projections, participating in meetings, prioritizing line items, and creating multiple budget scenarios.
How to save and invest for your child's educationJennydsouza010
Savings plans help you realize your dreams and protect you and your loved ones from life's uncertainties. Saving plans offer life cover & also helps to fulfill your goals.
This document provides an overview of updates to pupil accounting procedures from the Ingham ISD Pupil Accounting Workshop in September 2012. Key points include:
- Updated pupil accounting forms are available on the Ingham ISD website.
- Alpha lists must include additional data elements like special education program and residency status/code.
- Part-time pupils with IEPs requiring less than a full day are claimed as 1.00 FTE.
- Days and Hours reports are due September 28th and partial days count as full days of instruction.
- Changes to exit codes and GAD data require additional documentation by October 12th.
- Revisions to the School Aid Act include raising the compuls
The document contains responses to frequently asked questions about the DOST-SEI scholarship. It addresses questions about shifting courses or transferring schools, leave of absence, academic load requirements, practical training programs, submission of grades, financial assistance, dual citizenship status, and the nature and duration of the scholarship.
Sot orientation open house presentation rev 210Stacey N
The School of Technology (SOT) offers career technical training to Shelby County high school students through both 2-hour elective courses and a full-day Career Academy Program (CAPS). Students in the CAPS program can earn technical certifications in fields like automotive technology, welding, healthcare science, and more while receiving the same academic curriculum as their home high school. The SOT aims to prepare students for post-secondary education or careers through hands-on learning, competitions, potential scholarships, and developing work ethics and leadership skills.
The School of Technology (SOT) offers career technical training to Shelby County high school students through both 2-hour elective courses and a full-day Career Academy Program (CAPS). Students in the CAPS program can earn technical certifications in fields like automotive technology, welding, healthcare science, and more while receiving their standard high school diploma. The SOT aims to prepare students for post-secondary education or direct entry into the workforce through hands-on learning, competitions, potential scholarships, and developing work ethic and leadership skills.
The document provides a 2015 updated version of questions and answers about Washington state's Running Start program, which allows high school students to simultaneously earn high school and college credit. It addresses 94 questions across various topics, including eligibility, attendance, credits, fees, graduation requirements, and transcripts. The answers were developed in collaboration with K-12 and higher education representatives to help schools and colleges properly implement the Running Start program in accordance with state law.
Income From Salary Problems,Theory And Solutions New 2008 09 Assessment YearAugustin Bangalore
The document provides information about income from salary including concepts, theories, problems and solutions related to computing taxable income from salary under the Indian Income Tax Act. It discusses various types of salaries and allowances that are taxable or exempt. It also contains examples of computing total income and tax liability for individuals from salary income along with explanations.
This document provides information about planning and saving for a child's education, including estimated costs of attending college, impact of inflation on costs over time, and different savings and funding options. It discusses calculating how much to save monthly based on the child's age and estimated college costs. It also outlines several US tax incentives available in 2013 to help pay for qualified education expenses, such as the American Opportunity Tax Credit, Lifetime Learning Credit, student loan interest deduction, and Education Savings Accounts.
This document summarizes the application process and financial support options for full-time higher education courses at Newcastle College for the 2011 entry. It outlines the various subject areas offered, how to apply through UCAS, and the different types of loans and grants available, including tuition fee loans, maintenance loans, maintenance grants, Newcastle College bursaries, and access to learning funds. It provides details on eligibility, repayment terms, and maximum amounts for each type of financial support.
1) The Navodaya Vidyalaya Samiti invites online applications for recruitment to various teaching and administrative posts in Jawahar Navodaya Vidyalayas located across India.
2) Majority of vacancies are in the North East Region and hard stations. Selected candidates are likely to be initially posted in these areas, with no requests for change of region being entertained.
3) Details of the post codes, pay scales, eligibility criteria, age limits, reservation policies, and mode of selection are provided for the posts of Principal, Assistant Commissioner, PGTs, Assistant, and Computer Operator.
1) The Navodaya Vidyalaya Samiti invites online applications for recruitment to various teaching and administrative posts in Jawahar Navodaya Vidyalayas located across India.
2) Majority of vacancies are in the North East Region and hard stations. Selected candidates are likely to be initially posted in these areas, with no requests for change of region being entertained.
3) Details of the post codes, pay scales, eligibility criteria, age limits, reservation policies, and mode of selection are provided for the posts of Principal, Assistant Commissioner, PGTs, Assistant, and Computer Operator.
This document provides information about coaching and guidance offered by the Indian Institute of Management, Education & Training (IIMET) in Mumbai for the Government Diploma in Co-operation & Accountancy (GDC&A) and Certificate in Co-operative Housing Management (CHM) exams. It outlines the eligibility criteria and benefits of passing the GDC&A and CHM exams, as well as details on the exams, syllabus, and fees for the coaching being offered to prepare students. The coaching will be taught in English and Marathi by experienced professionals and provide study materials to help students pass these exams which qualify them for career opportunities in Maharashtra's cooperative sector.
This document provides information about coaching and guidance offered by the Indian Institute of Management, Education & Training (IIMET) in Mumbai for the Government Diploma in Co-operation & Accountancy (GDC&A) and Certificate in Co-operative Housing Management (CHM) exams. It outlines the eligibility criteria and benefits of passing the GDC&A and CHM exams, as well as details on the exams, syllabus, and fees for the coaching being offered to prepare students. The coaching will be taught in English and Marathi by experienced professionals and include study materials to help students learn.
This document provides information about coaching and guidance offered by the Indian Institute of Management, Education & Training (IIMET) in Mumbai for the Government Diploma in Co-operation & Accountancy (GDC&A) and Certificate in Co-operative Housing Management (CHM) exams. It outlines the eligibility criteria and benefits of passing the GDC&A and CHM exams, as well as details on the exams, syllabus, and fees for the coaching being offered to prepare students. The coaching will be taught in English and Marathi by experienced professionals and include study materials to help students learn.
The document provides information from the Bursar's Office at SIUE about student billing and payments. It explains what a bursar is, how to access billing information through CougarNet, how to accept financial responsibility, authorize third parties to access billing information, make payments online or by installment plan, and get refunds through direct deposit or prepaid debit card. The document informs students of important billing dates and financial clearance requirements.
Are you really committed to having a career in science?
Then you must work towards it with forward planning and discipline.
There is no such thing as an overnight success, this is today more true in the Indian academic scenario than ever before!
As we enter the new phase of the Indian academic system for careers in science, there is an acute need for a new approach to learning and preparation for engineering and medical entrances. As you are well aware, there is a whole new system and syllabus for these entrances now to be referred to as ISEET (for Engineering) and NEET (for medical).
Along with the change of entrance exam format, the
Maharashtra state board has also revised the syllabus for theStd. XI and XII. The same change is yet to impact the school academics and portions.
How this will impact your child ?
The new syllabus and formats are an area of concern for
parents and students who are currently in the last years of their schooling career. What earlier was a seamless progression for students from school to Std. XI and XII science, has now become a steep climb upwards.
FIITJEE’s Big Bang Edge is an Admission Test that will set you on course for extraordinary growth in terms of your ability to evaluate your potential, present capability, real inclinations & open up world class opportunities for Graduate Studies in a stream of your choice.
In case you are aspiring for IIT, IISc, NIT, Top Engineering College in India or aiming for success in NTSE, X / XII Boards, KVPY, Sr. Olympiads & Jr. Science Olympiad, Big Bang Edge Test can put you on path to achieving what you set out to achieve through FIITJEE’s Iconic Coaching Programs that prepare you for all Scholastic & Competitive exams relevant to your Class based on your potential, present capabilities, motivation & commitment to work hard.
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Mrs. X is a deputy manager receiving a monthly salary and dearness allowance. She also gets a house rent allowance and contributes to a recognized provident fund. Her minor son earned income from a property transferred to him by Mrs. X. Mrs. X sold some bonds, and her employer provided an interest-free loan to her son's wife. She also paid a medical insurance premium for her dependent mother. Her taxable income and tax liability for the assessment year need to be calculated.
This document outlines the tuition fees, admission fees, payment schedules and policies for the 2016-2017 academic year at Green School in Bali, Indonesia. Key details include admission fees ranging from 3 to 35.5 million IDR, tuition fees ranging from 92 to 206 million IDR depending on grade level, discounts for early or multiple child payments, and a policy that tuition fees are non-refundable due to budget commitments made based on enrollment numbers.
The document discusses methods and best practices for budget planning in education. It provides details on the costs of education in the Philippines from grade school through college, including average annual tuition costs. It then offers steps for school budget preparation, such as understanding previous budgets, making assumptions, establishing priorities, staffing priorities, and budgeting for staff expenses before finalizing and sharing the budget. The best practices highlighted include developing a budget calendar, starting early and planning for uncertainties, leveraging projections, participating in meetings, prioritizing line items, and creating multiple budget scenarios.
How to save and invest for your child's educationJennydsouza010
Savings plans help you realize your dreams and protect you and your loved ones from life's uncertainties. Saving plans offer life cover & also helps to fulfill your goals.
This document provides an overview of updates to pupil accounting procedures from the Ingham ISD Pupil Accounting Workshop in September 2012. Key points include:
- Updated pupil accounting forms are available on the Ingham ISD website.
- Alpha lists must include additional data elements like special education program and residency status/code.
- Part-time pupils with IEPs requiring less than a full day are claimed as 1.00 FTE.
- Days and Hours reports are due September 28th and partial days count as full days of instruction.
- Changes to exit codes and GAD data require additional documentation by October 12th.
- Revisions to the School Aid Act include raising the compuls
The document contains responses to frequently asked questions about the DOST-SEI scholarship. It addresses questions about shifting courses or transferring schools, leave of absence, academic load requirements, practical training programs, submission of grades, financial assistance, dual citizenship status, and the nature and duration of the scholarship.
Sot orientation open house presentation rev 210Stacey N
The School of Technology (SOT) offers career technical training to Shelby County high school students through both 2-hour elective courses and a full-day Career Academy Program (CAPS). Students in the CAPS program can earn technical certifications in fields like automotive technology, welding, healthcare science, and more while receiving the same academic curriculum as their home high school. The SOT aims to prepare students for post-secondary education or careers through hands-on learning, competitions, potential scholarships, and developing work ethics and leadership skills.
The School of Technology (SOT) offers career technical training to Shelby County high school students through both 2-hour elective courses and a full-day Career Academy Program (CAPS). Students in the CAPS program can earn technical certifications in fields like automotive technology, welding, healthcare science, and more while receiving their standard high school diploma. The SOT aims to prepare students for post-secondary education or direct entry into the workforce through hands-on learning, competitions, potential scholarships, and developing work ethic and leadership skills.
The document provides a 2015 updated version of questions and answers about Washington state's Running Start program, which allows high school students to simultaneously earn high school and college credit. It addresses 94 questions across various topics, including eligibility, attendance, credits, fees, graduation requirements, and transcripts. The answers were developed in collaboration with K-12 and higher education representatives to help schools and colleges properly implement the Running Start program in accordance with state law.
Income From Salary Problems,Theory And Solutions New 2008 09 Assessment YearAugustin Bangalore
The document provides information about income from salary including concepts, theories, problems and solutions related to computing taxable income from salary under the Indian Income Tax Act. It discusses various types of salaries and allowances that are taxable or exempt. It also contains examples of computing total income and tax liability for individuals from salary income along with explanations.
This document provides information about planning and saving for a child's education, including estimated costs of attending college, impact of inflation on costs over time, and different savings and funding options. It discusses calculating how much to save monthly based on the child's age and estimated college costs. It also outlines several US tax incentives available in 2013 to help pay for qualified education expenses, such as the American Opportunity Tax Credit, Lifetime Learning Credit, student loan interest deduction, and Education Savings Accounts.
This document summarizes the application process and financial support options for full-time higher education courses at Newcastle College for the 2011 entry. It outlines the various subject areas offered, how to apply through UCAS, and the different types of loans and grants available, including tuition fee loans, maintenance loans, maintenance grants, Newcastle College bursaries, and access to learning funds. It provides details on eligibility, repayment terms, and maximum amounts for each type of financial support.
1) The Navodaya Vidyalaya Samiti invites online applications for recruitment to various teaching and administrative posts in Jawahar Navodaya Vidyalayas located across India.
2) Majority of vacancies are in the North East Region and hard stations. Selected candidates are likely to be initially posted in these areas, with no requests for change of region being entertained.
3) Details of the post codes, pay scales, eligibility criteria, age limits, reservation policies, and mode of selection are provided for the posts of Principal, Assistant Commissioner, PGTs, Assistant, and Computer Operator.
1) The Navodaya Vidyalaya Samiti invites online applications for recruitment to various teaching and administrative posts in Jawahar Navodaya Vidyalayas located across India.
2) Majority of vacancies are in the North East Region and hard stations. Selected candidates are likely to be initially posted in these areas, with no requests for change of region being entertained.
3) Details of the post codes, pay scales, eligibility criteria, age limits, reservation policies, and mode of selection are provided for the posts of Principal, Assistant Commissioner, PGTs, Assistant, and Computer Operator.
This document provides information about coaching and guidance offered by the Indian Institute of Management, Education & Training (IIMET) in Mumbai for the Government Diploma in Co-operation & Accountancy (GDC&A) and Certificate in Co-operative Housing Management (CHM) exams. It outlines the eligibility criteria and benefits of passing the GDC&A and CHM exams, as well as details on the exams, syllabus, and fees for the coaching being offered to prepare students. The coaching will be taught in English and Marathi by experienced professionals and provide study materials to help students pass these exams which qualify them for career opportunities in Maharashtra's cooperative sector.
This document provides information about coaching and guidance offered by the Indian Institute of Management, Education & Training (IIMET) in Mumbai for the Government Diploma in Co-operation & Accountancy (GDC&A) and Certificate in Co-operative Housing Management (CHM) exams. It outlines the eligibility criteria and benefits of passing the GDC&A and CHM exams, as well as details on the exams, syllabus, and fees for the coaching being offered to prepare students. The coaching will be taught in English and Marathi by experienced professionals and include study materials to help students learn.
This document provides information about coaching and guidance offered by the Indian Institute of Management, Education & Training (IIMET) in Mumbai for the Government Diploma in Co-operation & Accountancy (GDC&A) and Certificate in Co-operative Housing Management (CHM) exams. It outlines the eligibility criteria and benefits of passing the GDC&A and CHM exams, as well as details on the exams, syllabus, and fees for the coaching being offered to prepare students. The coaching will be taught in English and Marathi by experienced professionals and include study materials to help students learn.
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Then you must work towards it with forward planning and discipline.
There is no such thing as an overnight success, this is today more true in the Indian academic scenario than ever before!
As we enter the new phase of the Indian academic system for careers in science, there is an acute need for a new approach to learning and preparation for engineering and medical entrances. As you are well aware, there is a whole new system and syllabus for these entrances now to be referred to as ISEET (for Engineering) and NEET (for medical).
Along with the change of entrance exam format, the
Maharashtra state board has also revised the syllabus for theStd. XI and XII. The same change is yet to impact the school academics and portions.
How this will impact your child ?
The new syllabus and formats are an area of concern for
parents and students who are currently in the last years of their schooling career. What earlier was a seamless progression for students from school to Std. XI and XII science, has now become a steep climb upwards.
FIITJEE’s Big Bang Edge is an Admission Test that will set you on course for extraordinary growth in terms of your ability to evaluate your potential, present capability, real inclinations & open up world class opportunities for Graduate Studies in a stream of your choice.
In case you are aspiring for IIT, IISc, NIT, Top Engineering College in India or aiming for success in NTSE, X / XII Boards, KVPY, Sr. Olympiads & Jr. Science Olympiad, Big Bang Edge Test can put you on path to achieving what you set out to achieve through FIITJEE’s Iconic Coaching Programs that prepare you for all Scholastic & Competitive exams relevant to your Class based on your potential, present capabilities, motivation & commitment to work hard.
Similar to Tuition fees paid for children u s 80 c-faq #simpletaxindia (20)
Tuition fees paid for children u s 80 c-faq #simpletaxindia
1. 8/12/2014 TUITION FEES PAID FOR CHILDREN U/S 80C-FAQ #SIMPLETAXINDIA
TUITION FEES PAID FOR CHILDREN U/S 80C-FAQ
on Monday, Feb ruary 11, 2013
Today we are discussing important points
regarding deduction available for payment of
tuition fees .we try to cover each and every
aspect on the issue ,if any left ,or you have
different opinion than of us ,please record in
comments.
Relevant part of the section 80c is reproduced
here under.
"(xvii) as tuition fees (excluding any payment
towards any development
fees or donation or payment of similar
nature), whether at the time of admission or
thereafter,
(a) to any university, college, school or other educational institutionsituated within India;
(b) for the purpose of full-time education of any of the persons specified in sub-section (4) "
"(4) The persons referred to in sub-section (2) shall be the following, namely:
(a) ......................
b) .......................
c) for the purposes of clause (xvii) of that sub-section, in the case of an individual, any two children of
such individual."
on the basic of above following points are to be noted .
1. Deduction for tuition Fees is available up to Rs.100000 /-
2. The limit of one lac as above is total limit u/s 80C for all type of savings ,plus
section 80CCC(pension policy) plus u/s 80CCD(Contributory Pension
Plan).Means the aggregate amount of deduction under above referred sections
can not exceed Rs. 1,00,000.
3. The deduction is available to Individual Assessee and not for HUF.
4. The Deduction is available for any two children.
5. This the only clause u/s 80 C where assessee can not claimtax benefit for expenditure done on
himself.Means if assessee has paid tuition fess for his studies ,he will not be eligible.
http://www.simpletaxindia.net/2013/02/tuition-fees-paid-for-children-us-80c.html 1/3
2. 8/12/2014 TUITION FEES PAID FOR CHILDREN U/S 80C-FAQ #SIMPLETAXINDIA
6. Deduction is not available for tuition fees paid for studies of spouse.
7. The deduction is available for Full Time courses only,so no deduction for part time or distance
learning courses.(This is my opinion but point is not very clear)
8. The fees should be paid to university, college, school or other educational institution,so no
rebate for private tuitions.
9. Tuition fees paid for coaching courses for admission in professional courses or any other type of
courses are not covered as that fees is not paid for FULL time eduction.
10. The center mention above in point 8 must be situated in India,so location should be in India
though it can be affiliated to any foreign institutes.
11. In This section tuition fees has a wide meaning than normal parlance ,means here tuition fees
means total fees paid minus any payment towards any development fees or donation or
payment of similar nature.so admission fees is also allowed.
12. In My Opinion Transport charges ,hostel charges,Mess charges ,library fees ,scooter/cycle/car
stand charges is not allowed.
13. Building fund or any donation etc not allowed.
questions which are commonly asked regarding tuition fees eligibility u/s 80C given hereunder.
Que:Can Mother claim the benefit of tuition fees paid for his son/daughter.
Ans:Assessee means both mother and father both can take the benefit u/s 80 C for amount paid by them
respectively.
Ques:If a couple have four children,can they both claim fees for two children each?
Ans:Yes ,husband and wife both have a separate limit of two children each ,so they can claim deduction
for 2 children each.
Ques:If a Couple has one child and paid a fees of 200000 rs can they both claim tuition fess
100000 each ?
Ans. :yes ,they both can claim deduction for 100000 each subject to they have actually paid same amount
.If husband has paid 1.50lac and wife has paid 50000 then husband can claim 100000 and wife can claim
50000.
Ques:Ram has paid tuition fees for his child 2000/- in January 2012 relates to period march to
june 2012 ,how much amount he can claim deduction in assessment year 2012-13?
Ans: He can claim full 2000 rs in assessment year 2012-13 , as this deduction is available on the basis of
payment and it may or may not be related to the period in which it has been paid.
Ques: Is Late fees paid with tuition fees is eligible for deduction ?
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3. 8/12/2014 TUITION FEES PAID FOR CHILDREN U/S 80C-FAQ #SIMPLETAXINDIA
Ans:No,late fees is not eligible for deduction.
Ques:is tuition fees admissible for pre nursery class also?
Ans: pre-nursery ,play school and nursery class fees is also covered under section 80C (circular 9/2008 &
8/2007)
Ques:Ram has paid Rs 46000 (Rs 8000 admission fees, Rs 5000 development fees Rs 5000
caution money, Rs 12000 annual charges and Rs 16000 @Rs 2000 per month for March-Oct 2012
fees) in January 2012. How much he can claim reimbursement as well rebates/deductions in
Financial year 2011-12 and 2012-13.
Ans:As explained above in the article, tuition fees meaning is wide in income tax as generally perceived
,so in my opinion admission fees rs 8000 ,12000 annual charges and 16000 fees is covered for claim u/s
80C .Development fees is not allowed and caution money,as it is refundable amount ,hence not
allowed.You can claim the tuition fees on payment basis whether relates to this financial year ,old or
coming financial year.
ques:Are there any particular educational courses for which income tax exemption is given?
Ans:No specific course defined in the Income tax act ,but course should be in India and a full time course
Ques:My Son has been going to Play School Since 01/04/2011. Can I claim the fee paid during the year
under Children's Education(80-C). The receipt given by the school shows quarterly fee, & not tuition fee.
Ans:You can claim tuition fees paid for playway school.but the break up of the fees should be obtained from the
school .Take a certificate from scholl authorities regarding full year fees on letter head with their seal. Example is
given below
T o whom it may comcern
" It is certified that ...............son of sh Raj kumar Ojha is a bonafide student of class ..(pre nursury).in our school
and we have received ..................Rs(in words..........................) as full year tuition fess."
please comment.
realted post
http://www.simpletaxindia.net/2013/02/tuition-fees-paid-for-children-us-80c.html 3/3