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Education loan for sons higher study

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1 Points Posted on 14 June 2020
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. .
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On 14 June 2020 at 23:25 Report
Replies (6)
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Student
1321 Points Posted on 15 June 2020
Yes, you can claim deduction.
6 Reply
On 15 June 2020 at 05:47
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4215 Points Posted on 15 June 2020
It is hold good
12 Reply
On 15 June 2020 at 08:20
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Practice
3235 Points Posted on 15 June 2020
If you pay interest then only you can claim the deduction
13 Reply
On 15 June 2020 at 10:46
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8 Points Posted on 15 June 2020
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
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On 15 June 2020 at 12:01
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Consultant
1891 Points Posted on 15 June 2020

Yes, you claim the interest paid during the year as a deduction u/s 80E.  

1 Reply
On 15 June 2020 at 12:15
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Consultant
1891 Points Posted on 15 June 2020

Yes, you claim the interest paid during the year as a deduction u/s 80E.  

1 Reply
On 15 June 2020 at 12:15


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