Exemption in income tax against the interest paid for educat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 June 2013
Sir,
My son has taken loan for his higher PG education. I am co-borrower of the loan. During the course I was paying the interest of the loan amount and got exemption in income tax.
Now the course has been completed and my son has joined a job. My questions are :
1. can I still pay the loan amount? Now my son has the job.
2. Can I get the exemption against the paid interest for education loan?
My son has taken loan for his higher PG education. I am co-borrower of the loan. During the course I was paying the interest of the loan amount and got exemption in income tax.
Now the course has been completed and my son has joined a job. My questions are :
1. can I still pay the loan amount? Now my son has the job.
2. Can I get the exemption against the paid interest for education loan?
12 June 2013
yes , you can do so.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Selecting Tax Regime while for calculating tax relief on under Section89 of income tax act 1961.
- Cloud service
- Relief Calculation u/s 89 of ITax 1961 in TableA Form10E
- Sale of Gold ornaments
- Ca final exam registration may-26
- Running non ac bus under contract with roadways
- GST ITC on Liquidated damages
- GST ON FOREIGN CLIENT
- Can we issue an invoice today
- SALE OF GOODS FROM OTHER STATE
- Forgot to update debit note in gst
- B2B Amendment
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- Regarding Advance Tax not claimed in the Return of Income for A.Y. 2025-26
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
