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Deduction of 80 e

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Querist : Anonymous (Querist)
16 September 2013 can an assessee claim deduction under section 80 E, for payment of interest of education loan, on actual payment basis or on accrual basis, i.e. interest in added with the unpaid loan amount.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 September 2013 It is payment basis. actual payment of interest can be taken as deduction
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