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.
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