EASYOFFICE
EASYOFFICE
EASYOFFICE

Interest on education loan

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 February 2012 if in case an education loan is taken by the father for her daughters education but the repayment of installments and interest of loan is made by the daughter. then who is entitled to get deduction under 80E. kindly reply.
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
18 February 2012 Section 80E clear about

1. Loan taken by the assesseee and paid by the assessee
2. Payment out of Income chargeable to tax

in your query both class not satisfied, so cannot get deduction
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
20 February 2012 1. Father has not made repayments. So he can't enjoy 80E.
2. Daughter has not taken the loan. So she can't avail 80E.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links