Interest on education loan
This query is : Resolved
01 March 2014
SIr
In respect of interest on Education Loan paid from the joint account of Father and Son and the son who is employed and actually repaying the loan & Interest, whether the father can claim the Actual amount of Interest paid.Kindly explain the condtions and restriction of the same.
Thanks in advance
Regards
In respect of interest on Education Loan paid from the joint account of Father and Son and the son who is employed and actually repaying the loan & Interest, whether the father can claim the Actual amount of Interest paid.Kindly explain the condtions and restriction of the same.
Thanks in advance
Regards
01 March 2014
It is claimed by person, whose name wheather father or son, the bank sanction the loan amount.
Message likes :
1 times
01 March 2014
If the loan is in the name of son and father is guarantor of the laon in such a case whether father can claim the interest actually paid him
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
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- Minimum tax payable to file Updated return
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Applicability of GST on Salary Reimbursement Component
- Tds on commission charges
- Dep. as per companies act
- Renovation exp. in flat by family member
- FAST-DS Scheme - Foreign Assets
- UDIN ISSUE
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
CCI
Pro
CAclubindia
