school fee

Querist : Anonymous (Querist) 08 March 2010 This query is : Resolved
school fees of the childern up to Rs 1000 comes under saving and if also i get rembrsment what will be the effect ?

Follow Query

Report Abuse

tarun goyal (Expert) 09 March 2010
the tution fee component of the fee is eligible for the saving exemption under section 80C. Rs. 100 is allowed from Rs. 1000/- per month per children on reimbursement.rest is added to salary for the purpose of income tax under section 10.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

Member Strength 9,46,698 and growing..

Stay updated with latest Posts!

Download LCI APP

Our Network Sites

Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup

New users who have not received email verification mail click here to verify