If an assesse has taken educational loan for his son who is pursuing M.B.B.S so the interest which is deductible under section 80E is due but he has not repaid the installment now my question is whether interest which is due but not paid is deductible or not?please guide...
Thank you sir for your reply actually loan has been taken and interest gets due but he could not repay it that is why I am asking whether interest due is deductible?
CAclubindia
