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Deduciton on education loan

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(Querist)
27 March 2012 Pleas specify deduction on eduction loan :-
Eligibility of princial amount and nterest amount or both i.e repayment for eduction loan wholy eligible for deduction in income tax please provide any cirucler alongwith secion reference.
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CA RICHA BADALIA

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CA RICHA BADALIA (Expert)
27 March 2012 Deduction is allowed only for interest payment.Refer Section 80E of Income tax.
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