banner_ad

Deduction under section 80e

This query is : Resolved 

07 January 2014 My client has taken loan education loan for her daughter's higher education, he started repayment from the FY 2012 - 2013, he paid interest of Rs. 97000/- in FY 2012-2013 but he couldn't take deduction u/s 80E while filing return.

Can he take deduction for the amount paid in the FY 2012-2013 i.e Rs. 97000/- while filing return for the FY 2013-2014,

Because as per income tax act, deduction is available if interest is paid by individual in previous financial year.

07 January 2014 no in fy 13-14 you cannot take deduction instead you can file revise return if assessment order not passed or if passed then file rectfication petition u/s 154.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details