Deduction u/s 80E for studies in abroad


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(Querist)
29 January 2011 I have borrowed an educational loan for my son's higher studies in abroad from a nationalised bank. Whether studies in abroad will be eligible for claiming interest u/s 80E? Or is that necessary that higher studies must be only in India?

29 January 2011 You are eligible for 80E deduction, It is allowed in case of study in abroad.

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29 January 2011 Provided that institution/board/university etc is recognised the Central Govt.

29 January 2011 yes you can


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