Hi frnds
I have doubt regarding deduction under 80E towards interest on education loan..does the interest in the previous year paid can claim in the current AY ?
4 Replies
DARSHAN OZA
(PROPRIETOR)
(223 Points)
Replied 20 March 2018
Deduction under secrion can be allowed as payment basic so if u paid in 2017-18 then u can claim deduction in 17-18 with 8 Consecutive year including 2017-18
Aarunya G Narayanan
(18 Points)
Replied 20 March 2018
ok if I made payment in the current year regarding payments in the last years I can claim full amount of interest in current year right?
DARSHAN OZA
(PROPRIETOR)
(223 Points)
Replied 21 March 2018
Yes because deduction will be available as and when you make payment
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