Education
This query is : Resolved
20 March 2009
Mr. Y has taken education loan for study of MBA and his father Mr. X paid interest on loan of Rs.45314/-.
Can father claim the exemption of interest paid on Education loan of his son. Son is doing study and he is not able to pay the interest.
Pls help me.
Regards
BALJINDER SINGH
Can father claim the exemption of interest paid on Education loan of his son. Son is doing study and he is not able to pay the interest.
Pls help me.
Regards
BALJINDER SINGH
20 March 2009
The loan must have been taken for the purpose of pursuing his or his relatives higher education.
So your father can claim it u/s 80E
Relative means spouse, children whether dependant or not
Regards………………………..!
The loan must have been taken for the purpose of pursuing his or his relatives higher education.
So your father can claim it u/s 80E
Relative means spouse, children whether dependant or not
Regards………………………..!
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