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interest on educaiton loan

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(Querist)
19 July 2008 Interest on education loan taken for childern educaiton is eligible for deduction in financial year 2007-08 tax computation.
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CA RAMESH KUMAR AHUJA

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CA RAMESH KUMAR AHUJA (Expert)
19 July 2008 Yes, intt on education loan taken for children is also deductible u/s 80E(2) wef AY 2008-09

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