banner_ad

Deduction on repayment of principal amount of education loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
03 July 2015 Dear Sir,
An assesse has taken education loan for his son for higher studies so whether he is eligible to get deduction on the repayment of the principal amount of the loan under any section of the I.T. Act. Please give your valuable reply as early as you can.



Thanking you,
Abhishek Roy Choudhury.
Profile Image

Soumitra Basu

Profile Image

Soumitra Basu (Expert)
04 July 2015 HE WILL GET DEDUCTION FOR REPAYMENT OF PRINCIPAL AMOUNT BUT SHALL GET DEDUCTION FOR PAYMENT OF INTEREST UNDER SECTION 80E.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details