I Would like to know regarding Sec 80E which provides deduction for interest on education loan.
Whether it includes ca, cs, icwa in higher education loan?
Whether i will get deduction or not?
Plz reply as early as possible.
I Would like to know regarding Sec 80E which provides deduction for interest on education loan.
Whether it includes ca, cs, icwa in higher education loan?
Whether i will get deduction or not?
Plz reply as early as possible.
Dear Neha,
Deduction u/s 80E is allowed only for the loan taken for the purpose of pursuing higher education like engineering, medicine, management, applied sciences or pure sciences including mathematics and statistics.
It is not CA, CS, CWA courses. (unfortunately)
Mr. Sanjay is Absolutely Correct.
| Originally posted by | ||
| THANK U I WAS NOT FAMILIAR WITH THIS | " | |
Thanks sanjay Chopra for your reply.
Sec 80E is applicable on "full time courses" which means regular courses whereas CA,CS,ICWA are correspondence courses.
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