hi, to every one
my query is can an assessee can claim deduction on repayment of education loan i,e is principal repayment as deduction u/s 80e ( as per my knowledge u/s 80e interest part only can claim as deduction i, e is also up to 8 yr's ).
for e.g Mr A. (father) has as taken loan for Rs 200000/- for his son's education from a nationalised bank , after an yr his son got a job and suppose he is reppaying the installment of loan , can the son can claim deduction u/s 80c or not only father can claim , pls reply
Regards
Harish
CAclubindia
