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Deduction under 80E
Can I claim deduction of interest of two educational loans in same financial year under 80E?
Replies (2)
Quick Summary
Basis of granting loans:
generally basis of granting loans is determined by cibil rating site which determines whether an individual is entitled for it or not.
it depends upon an individual's credential.
generally basis of granting loans is determined by cibil rating site which determines whether an individual is entitled for it or not.
it depends upon an individual's credential.
Mr. Rohit,
Yes, you can take the deduction of any amount of the interest paid during the PY in respect of loan taken for pursuing higher education of his(assessee) or his spouse or children., subject to other conditions as per section 80E.
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