Deduction for educational loan - u/s 80e
This query is : Resolved
25 July 2017
Dear Experts Good Evening,
Please resolve my query, My Client has Taxable salary Income for the FY: 2016-17. she has taken educational loan during her studying. and she has been paying interest & principle amount out of her salary income. whether that Interest paid amount in FY 16-17 is allowable as deduction u/s 80E ??
Thanks in Advance :)
Please resolve my query, My Client has Taxable salary Income for the FY: 2016-17. she has taken educational loan during her studying. and she has been paying interest & principle amount out of her salary income. whether that Interest paid amount in FY 16-17 is allowable as deduction u/s 80E ??
Thanks in Advance :)
25 July 2017
Yes, she can claim the interest paid on education loan against her income during FY 2016-17
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