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Slab on Higher Education other then educational allowance

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 April 2011 Dear Sir,

Can you suggest me what is the maximum limit elegible for rebate on Higher Education other then educational allowance.

Thanks
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CA Ganpat Singh Rajpurohit

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CA Ganpat Singh Rajpurohit (Expert)
09 April 2011 as per section 80E of Income Tax Act

Deduction-

the entire amount of payment of interest on loan taken for his own higher education or higher education for his spous and children is deductible without any limit.
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