Deductions u/s 80CCD & 80E

Tax queries 2088 views 7 replies

Deduction u/s  80CCD is applicable to Non- Resident or not...??

 

Deduction u/s 80E is applicable to independent spouse or independent Childern...??

Replies (7)

 

80E Deduction for interest paid on loan taken for pursuing his higher education or for the purpose of higher education of his relative. W.e.f. A.Y. 2010-11 meaning of higher education has been enlarged to cover all post schooling courses “Relative” means the spouse and children of the individual. Individual whether resident or not Actual amount paid

Section 80E does not talks about Independency or Dependency of Childern or Spouse.....

Wait for others Reply...

ya its  true under sec 80E it does not talk about dependency or independancy of the child or spouse whether dependent or independent

 

As there is no information regarding dependency n independancy of relatives that means both  independent and  or independent (spouse&children) are covered under Sec.80 E

And Deduction under Sec. 80 CCD will be available for N.R. individual also...

For 80E- It covers both dependent or independent. Unless speciafically mentioned about any class of assessee or people in the section, it cover all. Accordingly 80E covers both. 

For 80CCD- It also covers both Resident and Non resident,  Eg. A Central Govt employee who is outsie India for whole year on project or any other official reason. He becomes Non resident and at the same time he is satisfying all other condition for Section 80CCD, then he will be aligible for the deduction.

 

Originally posted by : Piyush
Section 80E does not talks about Independency or Dependency of Childern or Spouse.....
Wait for others Reply...

 

For 80 E    :  It covers both dependent or independent.

For 80CCD :  It  covers both Resident and Non resident, 

pradeep u r right


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