Deduction on Closed NPA Education Loan

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The Education Loan Turned NPA.
And latter was closed by paying in lump sum.

Is it possible to claim deduction for the interest amount?

Replies (1)

Summary: You can claim a tax deduction under Section 80E for the interest component of your closed education loan, provided you have an interest certificate from your bank confirming the interest amount paid during the financial year and you are filing under the Old Tax Regime.

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