Section 80e applicabiltiy for f.y 11-12
This query is : Resolved
20 December 2011
Kindly provide Section 80E applicability for the financial year 11-12
Hari Beldona
(Expert)
20 December 2011
Section 80E deduction is allowed on loan taken for support of higher studies of of oneself or ones spouse or ones children or for the student of whom one is legal guardian
1.Deduction is available to individual only
2.The amount of interest paid is eligible for deduction and there is no limit is fixed.
1.Deduction is available to individual only
2.The amount of interest paid is eligible for deduction and there is no limit is fixed.
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