section 80e deduction

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Querist : Anonymous

Querist : Anonymous (Querist)

21 October 2013 dear sir
my wards going to abroad for higher study four year M Eng cs university of top ranking in the world
my self govt. lecturer, wife advocate profession our financial fund from bank -
three type of bank a/c
1.education study loan from bank [ not sufficient payment for tuition,hostel ,travel in abroad ]
2.over draft from bank [for higher study]
3,credit card[ for maximum benefit 50 days repayment of loan amount from over draft a/c]
my query is maximum 80 E deduction of interest total paid expenses from study loan ,over draft ,credit card benefit .....please guide to me total interest eligible u/s 80E.....

@VaibhavJ

@VaibhavJ (Expert)

21 October 2013 Hi

Yes it is available for higher studies taken at Abroad.

Refer: https://www.caclubindia.com/share_files/section-80e-59327.asp

Thanks//VaibhavJ

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2014 education loan per annual 5 lakh + o/d a/c 15lakh uses total 20 lack interest paid rs 22000 study loan +1.13 lakh o/d a/c interest, total paid 1.35 lakh financial year2013-2014 total deduction 80 e pl guide ...deduction from total income

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