Deduction u/s 80E

Tax queries 545 views 1 replies

Deduction u/s 80E is available on the repayment of interest on education loan. But if in the cerificate provided by the bank (lending organisation) specifies only the amount debited by the bank to the account during the year & not the actual amount repaid by the assessee, which amount should a assessee consider while computing his taxable income - amount Dr by bank or amount repaid ?

Replies (1)

Deduction available for repayment of interest on eduction loan from banks u/s. 80E

u can claim the amount of interest repayment in particular financial year i.e, 01.4.2010 to 31.03.2010

u update ur bank account by consulting bank manager or account department officer.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register