Interest & repayment of education loan
This query is : Resolved
16 June 2014
Dear sir.
Can elder brother claim the INTEREST & REPAYMENT OF EDUCATION LOAN on his returns
Can elder brother claim the INTEREST & REPAYMENT OF EDUCATION LOAN on his returns
16 June 2014
only parents are allowed under sec 80E ..so ans is no
16 June 2014
bgshankarnarayana@gmail.com
16 June 2014
u/s. 80E interest paid on educational loan taken for the higher studies of the self, spouse or children is allowed as deduction.Furthermore if the person is acting as legal guardian of the student then he can claim deduction of interest paid.
20 June 2014
you can not take deduction of his brother you can take self, wife, children full time course deduction only for interest amount.
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
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- REGARDING ITR FILING QUESTION
- Gst reverse charge mechanism to be claimed in the month of payment
- ITR 44AD SECTION
- ITC BENEFIT ON BROKRAGE PAID
- Itr processing refund
- F&O reporting in ITR
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
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
CAclubindia
