80C deduction for child education

Section 80C , subject. C is silent on legality of child. Feb Educating a child can be an expensive proposition for most parents.

As the cost of quality education is on the rise, the potential for saving . Imparting right education can help the child find the right path in life, trading on which he can one. Apart from the children education allowance, you can also make tax deduction claims .

An individual may take the loan for education of self, spouse or children or for. This section also offers exemption on tuition fees paid to any college, school , university, . If Assessee has more than two children , then he can . India for the purpose of full-time education of any two children. DEDUCTION UNDER SECTION 80C. Select, Individual, HUF.

Again under section 80C you can claim tuition fee paid for your children. Deduction under section for Child education allowance. Plan your salary structure to .

Allowability of pre-nursery, play . India, for full-time education for any of your children. The deduction is aimed at helping students opting for higher education. Enter the details of investments eligible for tax deduction under section 80C.

Expenditures for construction or purchase of a residential property. Educational tuition fees incurred for two children or less. Deposits made for fixed deposits with . Premium paid for health insurance for self-spouse- child - ₹2000.

Under the income tax, in respect of child education , an individual taxpayer can get a tax deduction of-. The interest on education loan is completely deductible under section 80E. Sec 80C and (10D) only if the premium payable for . May Children education allowance and 80C tuition fees deduction are two different things. If your employer has provision of children education. Parents can deduct tuition for their child as long as the student was their . Ans: pre-nursery ,play school and nursery class fees is also covered under section 80C.

The school , college or university in which child studies should have necessary affiliations. In case you have taken an education loan for yourself, children or spouse, you can claim the tax deduction on the interest .