03 July 2013
Q.1 - In respect of fee paid for any course the employee does not get deduction. . Q.2 - A. For Interest on Loan :Rs. 150000; U/s 24(b) B. For Repayment of principal amount of Loan: -Rs. 100000/ ;U/s 80C
Q.3 Yes he can claim within the overall limit U/s 80C of Rs 100000. . Q.4 A salaried person may avail Deduction 80C in respect of NSC, LIP, PPF, Registration fee for purchase of house etc. The details list may be seen by referring the section. He can further avail Deduction U/s 80D in respect of Medi-claim Premium and prevantive health check up. He may avail some other deductions contained under chapter VIA .