regarding 80e and deduction of interest
This query is : Resolved
05 November 2009
My daughter has obtained higher studies education loan through Vijaya Bank. I am paying interest every month. can I get interest payment under 80E and if yes, how to claim.
D SrikantaMurthy
D SrikantaMurthy
06 November 2009
Yes , you can claim it u/s 80E , the only condition you have to satisfy , that the interest is paid by your income chargeable to tax . you can claim it upto 8 years. Presently there is no limit for that also.
06 November 2009
In the given situation,parent will not get deduction under section 80E because loan is not in the name of parent.
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
- Gst registered proprietorship firm
- 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
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Non filing of I T Returns
- UDIN ISSUE
- TDS on Fixed Assets purchased
- Change Of Karta In Case of Death
- Salary from Qatar in Dollars in India
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- 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?
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
