banner_ad

Education loan

279 views 3 replies
My client took education loan 13 lakh where to show this transaction in balance sheet.
Replies (3)

According to my experience, It should be a personal loan. It's not a business loan. so he has to pay from his pocket

In my opinion this is a personal loan. However he can deduct interest u/s 80e
Under the head of unsecured loan if he or she has not mortgage any thing s against such loan
and if he or she mortgage any things under such loan then secured loan in balance sheet
any he can show it's interest u/s 80 e as an deduction in balance sheet
this is I say for individual person balance sheet if he or she wants to keep a book of Account of their personal income coming and outgoing


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details