Clarification regarding Section 80E
This query is : Resolved
10 October 2019
My daughter is pursuing her MS(Engg) in Australia. She has taken Educational Loan from a Nationalized Bank in Chennai. She passed out her Higher Secondary & her Graduation in Engineering- both from Board / University- recognized by State Government(Tamil Nadu). Appreciate if any one can clarify me on following:
i) Whether I am eligible to claim deduction under 80E,
ii) Is there any requirement that her Present Course needs to be approved by our State/Central Government, for eligibility to claim deduction under 80E.
i) Whether I am eligible to claim deduction under 80E,
ii) Is there any requirement that her Present Course needs to be approved by our State/Central Government, for eligibility to claim deduction under 80E.
11 October 2019
U r eligible if
i) u have taken the loan and
ii) repaid out of you taxable income.
Msc (Eng) need not be approved by Central /state government of India.
i) u have taken the loan and
ii) repaid out of you taxable income.
Msc (Eng) need not be approved by Central /state government of India.
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