Wednesday, February 10, 2010

Deduction of Tuition Fee u/s 80 C

Friends,


Tuition fee (except any development fees or donation or payment of similar nature) whether at the time of admission or thereafter is eligible for deduction under section 80 C under some conditions which are given as under : -

If Tuition Fee paid:-

(a) to any university, college, school or other educational institution situated within India;

(b) for the purpose of full-time education of any of the persons specified in sub-section (4);


Now, if we paid tuition fee in foreign or not in India, then tuition fee is not deductable under section 80 C, we should also keep in mind that education should be full-time basic.


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