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can I use 2020 fees slip for 2022 income tax returns?


Ridhhi Parmar 14th Feb, 2022
Answers (2)
Sharon Rose Student Expert 14th Feb, 2022

Hello,

No, you cannot enclose the fee receipt of the Educational fee in 2020 for the Income Tax returns in 2022. The financial year in India begins from April 1  present year to March 31 of the consecutive year. If your parent is filing taxes for the financial year 2021-22 then the transactions made in between April 1, 2021 to March 31, 2022 can be enclosed while filing the Income Tax. Thus you cannot enclose the fee paid towards tuition fee in 2020 cannot be enclosed for the financial year 2021-22.

Sree Student Expert 14th Feb, 2022

Dear student,

No, you cannot submit Tution fees receipts of 2020 in Income Tax returns of 2022 because every year Income Tax returns needs to be filed.

So, you should submit Tution fees receipts of the academic year 2021 to 2022. But depending on the fees amount the tax exemption amount is decided.

Along with that LICs, House rent bonds, etc can be submitted for Income tax returns.

May this information was helpful to you.

Good Luck!!

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