IRT scheme in schools in india

Parents in India can claim tax deductions on tuition fees paid for their children's education under Section 80C of the Income Tax Act, 1961, up to a limit of ₹1.5 lakh annually. This deduction applies to full-time education in schools/colleges in India and can be claimed for up to two children by either parent. Key Aspects of Tax Benefits (ITR) on School Fees: Eligible Expenses: Only tuition fees paid to a registered university, college, or school are covered. Non-Eligible Expenses: Donations, development fees, transportation charges, hostel fees, and extracurricular coaching are not eligible for deductions. Claiming Process: Salaried: Submit fee receipts to the employer to declare in Form 12BB. Non-Salaried: Claim the amount under Section 80C when filing ITR-3 or ITR-4. Documentation: Keep fee receipts safe as proof for claiming the deduction. Related Educational Schemes in India: > RTE Act: Mandates 25% reservation for economically weaker sections in private schools. > Samagra Shiksha: An integrated scheme for school education from pre-school to class 12, focusing on quality, infrastructure, and equity. > Sarva Shiksha Abhiyan (SSA): Aims to provide free and compulsory education, including uniforms and textbooks. > ShaGun Portal: A dedicated platform for monitoring school education and showcasing innovations. > Ishan Vikas: A program for school children from North-Eastern states to visit higher educational institutions