Ms. Iyer, an individual who has opted out of the default regime under section 202, pays the following to her son's school in India for his full-time education. Which payment qualifies under section…
Question and options
Ms. Iyer, an individual who has opted out of the default regime under section 202, pays the following to her son's school in India for his full-time education. Which payment qualifies under section 123 and Schedule XV of the Income-tax Act, 2025?
The term's school-bus charges
The term's development fees
The term's tuition fees
A donation to the school building fund
Answer and explanation
Paragraph 1(q) of Schedule XV covers tuition fees paid to a school, college or other educational institution in India for the full-time education of up to two children. It expressly excludes development fees, donations and payments of a similar nature, so development fees do not qualify even though the school charges them. Transport charges are not tuition fees.
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