Tag: Indicidual Taxpayers

Clearance for Deduction of Tuition/School fees paid for education

The Government has given clearance for deduction of tuition/school fees paid for the education of children. The summary for the same is as follows: Deduction from taxable income under Section 80C is available to individual taxpayers up to a maximum amount of Rs1 lakh for education expenses incurred for one’s children. Each parent can claim … Continue reading “Clearance for Deduction of Tuition/School fees paid for education”

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