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tax exemption on school fee of children
10-08-2010, 04:34 PM
Post: #1
tax exemption on school fee of children
Is there any provision in tax for avail exemption on school fee of children?

please need ur prompt response in this regard
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10-08-2010, 07:15 PM
Post: #2
 
Aap ka sawal kuch samajh nahi aaya, k aap pochna kya chah rahi han,,,,,,,,,,
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10-08-2010, 07:43 PM
Post: #3
 
If any salaried individul pay his children school fee, can this fee adjustable against income tax.
hope u got my point
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10-08-2010, 07:47 PM
Post: #4
 
ji nahi,,
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10-08-2010, 08:11 PM
Post: #5
 
Zara,

Children fees may not be adjusted against salary income, for the purpose of getting tax rebate.

Only those exemptions may be availed, which have specifically been provided for this purpose.

Regards,
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10-08-2010, 10:23 PM
Post: #6
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by zara khan</i>
<br />Is there any provision in tax for avail exemption on school fee of children?

please need ur prompt response in this regard


<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
You are given basic exemption in this regard for example you are not taxed upto certain level. Though these exemptions are not realistic or updated to current inflation level but....
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