tution fees for my son who is studiying BE is paid by availing education loan in the name of my son &myself as co-applicant. can i claim the tution fees under 80c by producing the receipt. if the answer is NO how the tds deductor verify this
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80 c -tution fees paid by way of bank loan
Replies (2)
Dear Sir,
U/s 80C - Tuition Fee paid (out of loan) can be claimed as deduction.
Further, in ur case interest on Loan can be claimed u/s 80E
Yes....Agree with Amir bhai..........
Tution Fees paid for education of children to an institution in India (Maximum 2 children) (Full time Education)......- 80C...
Amount of Interest Paid on loan taken for Higher Education..........80E...
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