if borrower paid tuition fees of lender's child on behalf of lender out of loan outstanding, then, can a lender claim deduction U/s 80C towards tuition fees of his child which is paid by borrower towards settlement of outstanding loan????????
Replies (1)
Guest
Posted on 08 May 2013
yes, you can claim.
But , first please explain is there any understanding between lender and borrower or he is making payment fo tuition fees on his own.
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