tution fees deduction

th_bata · #1 (**permalink**) 08-02-2008, 01:08 AM

how will i treat tuition fees deduction?
please tell me the details about tuition fees treat in income tax of A.Y. 2007-08

jacobreddy · #2 (**permalink**) 07-10-2008, 02:43 PM

Dear Friends,

I Paid tution fee for the year 2006-2007for my child. It is not reflected in my Income tax return in ay 2007 - 2008. Pls advice me wether i can claim the amount or not.

Pls tell me about tax implication.

Regards,

Jacob.s

parasurampur · #3 (**permalink**) 07-10-2008, 05:28 PM

If you have the valid money receipts against the tution fee and your expected net benefit due to such exemption is substantial amount, then you can file a revised return for the assessment year 2007-08.

For small amount of reimbursement, filing revised return is not advisable.

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