In I.T. School fees are allowed for deduction ? How Much?

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In I.T. School fees are allowed for deduction ? How Much?

In income tax school & collage fees are allowed for deduction ? how much allowed?

2007-03-01 23:04:38 · 2 answers · asked by vipali g 1 in Business & Finance ➔ Taxes ➔ India

2 answers

Deduction is allowed under section 80C. Maximum amount is Rs 1,00,000

http://www.taxmann.com/TaxmannDit/Displaypage/dpage1.aspx?md=2&typ=cn&yr=2006&chp=1850

2007-03-03 20:28:06 · answer #1 · answered by sonali_n 2 · 0⤊ 0⤋

if u hav children study in school or college............ than u get benefit of 80c of the income tax.......... maximum fees upto rs 10000.

2007-03-02 10:49:29 · answer #2 · answered by @"..n"..i"..L 2 · 0⤊ 1⤋