Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Question regarding benefit of Tuition Fees under section 80 C

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... In a financial year , say FY 2019-20 , a child's grandfather paid her school fees debited that amount to the account of the child's mom (his daughter-in-law) in his books of accounts . In other words , he paid the school fees for the child on her mom's behalf . This amount got adjusted against salary that he credited to her (his daughter-in-law's) account , in his books , in that .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... year itself . Now , my question is , would it be deemed that the mother has paid the fees for her child in that year ? And so, would she be able to claim this deduction under section 80 C in that year ? In a financial year , say FY 2019-20 , a child's grandfather paid her school fees debited that amount to the account of the child's mom (his daughter-in-law) , in his books of ac .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... counts . In other words , he paid the school fees for the child on her mom's behalf . This amount got adjusted against salary that he credited to her (his daughter-in-law's) account , in his books , in that year itself . Now , my question is, would it be deemed that the mother has paid the fees for her child in that year ? And so, would she be able to claim this deduction (the tuition f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ees component of the school fees) under section 80 C in that year ? - Reply By PAWAN KUMAR - The Reply = No deduction can claim. - Question regarding benefit of Tuition Fees under section 80 C - Query Started By: - Jignesh Desai Dated:- 22-11-2020 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates