Child's Tuition Fee deduction u/s 80C in FY 2012-13

Dear Pankaj,

In your description on the proposed provisions for deductions from income u/s 80C for FY2012-13, you mention the amount as Rs. 1200 per annum. I think this amount if per month. Please clarify.

asked May 01 '12 at 16:40 by Rajneesh Mehra 1223

Children education allowance and 80C tuition fees deduction are two different things.

If your employer has provision of children education allowance in your salary, then 100 Rs per school going child (upto maximum two child) is non taxable. This makes it Rs 1200 per year for a child.

80C deduction also allows children tuition fees deduction. It does not have a limit and this deduction can be taken upto Rs 1 lakh combined 80C deduction.

answered May 01 '12 at 18:13 by Pankaj Batra 5.2k320


Know someone who can answer? Share a link to this question via Email, Twitter, or Facebook

Your answer
toggle preview

Follow this question

Once you sign in you will be able to subscribe for any updates here

Markdown Basics

  • *italic* or __italic__
  • **bold** or __bold__
  • link:[text]( "title")
  • image?![alt text](/path/img.jpg "title")
  • numbered list: 1. Foo 2. Bar
  • to add a line break simply add two spaces to where you would like the new line to be.
  • basic HTML tags are also supported



Asked: May 01 '12 at 16:40

Seen: 5,489 times

Last updated: May 01 '12 at 18:13