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Regarding 80E

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33 Points Posted on 13 June 2018
u/s 80E if interest paid by two persons then who will be liable to get deduction ?
both or 1 of them on which basis
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On 13 June 2018 at 14:06 Report
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Student
1511 Points Posted on 13 June 2018
both are of one family or relative .
and on whose child they taken loan
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On 13 June 2018 at 16:00
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33 Points Posted on 13 June 2018
the persons who are paying interest are mother and father of that child
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On 13 June 2018 at 16:59
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Student
1511 Points Posted on 13 June 2018
By Whom loan was taken??
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On 13 June 2018 at 20:30
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33 Points Posted on 13 June 2018
loan was taken on the name of child by father
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On 13 June 2018 at 20:51
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Student
1511 Points Posted on 13 June 2018
U can take deduction u/s 80E interest paid by out of your chargeable income. You need to obtain a certificate from your Bank,segregating the principal and interest portion of the education loan paid by you during the financial year. The total interest paid will be allowed as deduction.
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On 13 June 2018 at 21:07
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33 Points Posted on 13 June 2018
thank you
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On 13 June 2018 at 22:24


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