Coaching Institute Fee Is Not Allowable Deduction U/s 80C
My question is about allow ability of fees paid to a coaching institute u/s 80 C .This institute gives education for 3 to 4 hours for PMT exam preparation.Name of the Coaching institute SHRI CHAITANYA EDUCATIONAL COMMITTEE duly registered at Indore. singhal_dev2006@rediffmail.com
I do not think that deduction 80C is allowable for tuition fee of a coaching institute. Read carefully the provision contained in [xvii] of Section 80C , given below
“as tuition fees (excluding any payment towards any development fees or donation or payment of similar nature), whether at the time of admission or thereafter,
- (a) to any university, college, school or other educational institution situated within India;
- (b) for the purpose of full-time education of any of the persons specified in sub-section (4);“
So, what the sub section states , that payment should be to any educational institute and for the purpose of FULL-TIME education. A coaching institute is not imparting a person an Education , but prepares one for completing or entering an Education. I suggest you read further these postings . Otherwise, in my view, the educational institution referred in section 80C is meaning recognised educational institution for conventional or vocational full time studies and not private institution involved in in coaching or tuition or other part time studies.
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Can a person claim 80 C deduction for the fees paid to ICAI to register himself or his son?
As the act says fees paid to any university, college, school or any other educational institutions.
In addition, ICAI is Institution of Chartered Accountant of India and it is very well authorized/approved.