Children education allowances
KAMLESH KUKREJA
(Querist) 17 January 2013
This query is : Resolved
an employee have two school going childrens. he pays Rs:-55200 as there tution fees & claim same as deduction u/s 80C. besides he gets children education allowances of Rs:-200 per month for which there is flat deduction of Rs:-200 per month if employee have 2 children. my question is that he have to deduct Rs:-2400 from tution fess and claim balance of rs:-52800 as dedcution u/s 80C and do not show children education allowance income at all under salary or cliam Rs:-55200 as deduction u/s 80C and show Children Education allowance as income under salary and take dedcution of Rs:-2400 flat deduction
Raj Kumar Makkad
(Expert) 18 January 2013
The latter procedure is better than former.