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Education loan for sons higher study
I have taken a loan from SBI for sons higher study. however loan AC Opened in his name and my name is attached with him. can I claim deduction for interest on it. .
Replies (6)
Yes, you can claim deduction.
It is hold good
If you pay interest then only you can claim the deduction
Yes you can claim deduction under sec 80E but no deduction is allowed after the period of 8 years starting from the year in which first payment of interest was given
Yes, you claim the interest paid during the year as a deduction u/s 80E.
Yes, you claim the interest paid during the year as a deduction u/s 80E.
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