15 March 2008
One employee has not claimed interest on Higher Education Loan for the A.Y.2007-08, and filed his Income Tax Return without claiming benifit of Sec-80E, also employer has deducted tax at source, now he wants to take benifit of Interest paid in P.Y.2006-07 in current A.Y.2008-09. Is it possible? and if possible how? Please reply ASAP.
15 March 2008
i want to ask one more thing in this regards, employer can consider this as deduction U/S 80E while calcuating tax liability for deduction of an employee for A.Y.2008-09.
CAclubindia
