Deduction under section 80E
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 July 2011
whether Deduction under section 80E is allowable on the basis of actual paymentor on payable basis ?
If in a F.Y preceeding years interest is also paid within the limit of section 80 E whether it will be allowableas deduction under section 80E?
If in a F.Y preceeding years interest is also paid within the limit of section 80 E whether it will be allowableas deduction under section 80E?
17 July 2011
Interest allowed on payment basis. Under Sec.80E. Since it is payment basis, so interest related to previous year paid current year also allowed
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