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Please Help: Deduction u/s - 80C

Posted Date : 04-Feb-2015 , 11:07:49 am | Posted By: Lotus Choudhary

Category : Income Tax | Answers : 1| Comments : 10| Hits: 461

Whether the following payments are eligible for deduction u/s -80C: 1.Computer Fees 2.Activity Fees 3.Development Fees 4.Bus Fees

Answers:
   Answer by: CA Satuti Mahajan
No.
Comments
Posted By : Aditya Goel 19-Feb-2015, 10:07:29
only tuition fees is applicable. but in some schools activity fees is just used as the breakup of tuition fees. computer fees is also sort of tuition fees. as per my understanding both computer fees and activity fees are sort of tuition fees and thus shall be allowed.
 
Posted By : Lotus Choudhary 07-Feb-2015, 06:02:08
ohh sorry, you have already given it.
 
Posted By : Lotus Choudhary 07-Feb-2015, 10:33:27
or can you give the circular no. you have read?
 
Posted By : Lotus Choudhary 07-Feb-2015, 10:32:52
can you please define me what is Development Fees? @ Shweta Grover
 
Posted By : Shweta Grover 06-Feb-2015, 01:51:32
After studying the circular, in my opinion computer fee is not a kind of development fee and therefore should be allowed.
 
Posted By : Lotus Choudhary 06-Feb-2015, 10:22:56
My opinion is also that only tution fees will be eligible for deduction.
 
Posted By : Lotus Choudhary 06-Feb-2015, 10:21:48
so whether computer fees and bus fees etc are eligible for deduction u/s 80C. @ Shweta grover
 
Posted By : Adil Malik 05-Feb-2015, 05:58:25
No, above expenses is not eligible for deduction u/s 80C
 
Posted By : Shweta Grover 05-Feb-2015, 11:03:08
As per Section-80C deduction is allowed for all type of fees other than development fees and donation. Further as per Circular No.17/2014 dated 10th Dec 2014 on Sec-192 of the act, "It is clarified that the amount allowable as tuition fees shall include any payment of fee to any university, college, school or other educational institution in India except the amount representing payment in the nature of development fees or donation or capitation fees or payment of similar nature." Therefore Other than development fee, all other fees are allowed under Sec-80C.
 
Posted By : Alok Kushwaha 04-Feb-2015, 12:30:19
No,Only the tuition fee paid is eligible for deduction. Other expenses, such as transport charges, library charges, Computer fee, development fees, Bus Fee or donation, are not covered u/s 80C
 

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