Education Facility for only children covered

It is exempt upto Rs 1000

If Education facility up to Rs 1000/- then exempt . 

if greater than Rs 1000/- then whole amount  taxable.

For example:- If Education facility is Rs 1100,then whole 1100 taxable (and not balance 100)

This can be 

Monetary (in nature of Reimbursement of school fees of children)

or

Non Monetary (free school for children)

Taxability

If it is monetary,then taxable for all

If it is non monetary ,then taxable for specified employees only

But of course,if it is upto 1000,then exempt