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section 80 e

This query is : Resolved 
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07 January 2008 I want to know that the interest on educational loan is a claimable in the hands of father if paid during the loan period on behalf of his son educational loan ie during the course of study of his son
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SANDEEP AGGARWAL

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SANDEEP AGGARWAL (Expert)
07 January 2008 Yes after amendment in section 8E now deduction is available interest on education loan taken for higher study of son also.
Sandeep
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CA. Aryendra

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CA. Aryendra (Expert)
09 January 2008 This section is amended, from the assessment year 2008-09, So for deduction will be allowable also in case of loan is utilised for relative.

Relative Means
Spouse & Children of individual.
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