Tax Exemption on Children Educational Allowance

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..... As per Rule 2BB of Income Tax Rules 1962 , Rs 100/- per month per child is eligible for exemption out of the Children Education Allowance received by an assessee employee. The assessee employee ha .....

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..... s drawn education allowance for his two children for two years (2010-11 2011-12) in the year 2011-12. My query is : whether the assessee employee is entitled to exemption of Rs 4800 ( Rs 100x2x 24) .....

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..... for 24 months in the F.Year 2011-12 - Reply By r.rajkumar kumar - The Reply = NO RESPECTIVE ONE CAN CLAIM ONLY ONE CLAIM IN RESPECTIVE ASSESSMENT YEAR IN THIS CAE YOU CAN CALIIM 2400 FOR 2012-13.I .....

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..... F YOU WANT TO CLAIM FOR 2010-11 YOU CAN REOPEN THE RETURN FILED IN THE YEAR OF 2011-12 .TKS - Tax Exemption on Children Educational Allowance - Query Started By: - Balaknath Bhattacharyya Dated .....

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..... :- 27-1-2012 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma .....

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..... nagementindia.com - TMI - TaxTMI - TMITax .....

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