Education loan for aborad
This query is : Resolved
swapna bagh
(Querist)
29 January 2018
Good Morning
I want to ask if the loan is taken from bank for education in Aboard in the name of student and interest is paid by his mother from her bank account, the Deduction u/s 80 u is applicable for his mother while computing her Income.
Thanks & Regards
swapna
I want to ask if the loan is taken from bank for education in Aboard in the name of student and interest is paid by his mother from her bank account, the Deduction u/s 80 u is applicable for his mother while computing her Income.
Thanks & Regards
swapna
Renu Goyal
(Expert)
29 January 2018
Interest on education loan is eligible for deduction upto 8 years u/s 80E
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