80e

This query is : Resolved 

21 March 2013 Dear Sir,

Me take education loan from SBI & me paid during the year only interest payment of rs. 16000 than how much take deduction u/s 80E in form 16

21 March 2013 Entire 16000 is deductible,also there is no limit for interest deduction .

21 March 2013 if my net salary is 220000/- than this 16000/- less u/s 80e than taxable income is 204000




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