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Deduction for loan taken for higher studies

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 September 2014 Hello every one

i have taken a loan for further studies (for perusing chartered accountancy curriculum ) now i am perusing a job as well as studies and my income is liable for taxability under this year so can i get deduction of such loan in my income tax return and if so.....
under which section i can get the deduction and to what extent

Can i get the deduction of principal amount ?????????

plz provide me the answer of my query as soon as possible
thank you
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 September 2014 refer section 80E of the income-tax act
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
17 September 2014 what studies u have understaken is not clearly mentioned/
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