In Icome Tax School fees are allowed ? How Much?

Answer 1

Yes, School fees pay for his children is allow in income tax act. Only Rs.12,000 per children allow maximum 2 children per annum Under section 80 C . Thus assessee can get Deduction till 24,000 if he pay to fees any Institute or college for his 2 children. He may got deduction maximum Rs. 12,000 per children maximum 2 child in per assessment year. This deduction will U/S 80 C.

Thank you
Harindar gupta

Answer 2

The following is allowed as a deduction from income under section 80C:


any tuition fees unto Rs 1 lakh (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 institution situated within India;

(b) for the purpose of full-time education of any two children;